UK Investor Magazine
UK banking shares: income attractiveness returns
Alan Green joins the UK Investor Magazine Podcast to discuss the latest developments from UK banks.
Many UK banks have resumed paying dividends after the Bank of England eased restrictions on payouts by financial institutions. Natwest Group, Barclays, HSBC and Lloyds have announced payments with Lloyds paying 0.57p dividend per share after a drop in profits to £1.2bn.
We question whether income investors can expect more from UK banks or do the risks around competition from new entrants and ongoing economic strive will cap payouts.
We also discuss Mode (LON:MODE), Blue Star Capital (LON:BLU) and British Honey (LON:BHC).