Prediction: in 12 months the surging Lloyds share price and dividend could turn £10,000 into…
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Lloyds‘ (LSE:LLOY) share price has roared into life over the last year. Dividends have also continued to surge, underpinned by strong earnings growth and a robust balance sheet. The question is, can the FTSE 100 bank keep the momentum going?
Over the past year, the shares have surged 73.3% in value. Add in the 4.7% trailing dividend yield and the total return improves to 78%. That would have transformed a £10,000 investment into £17,800.
Last year’s performance was especially heroic. But the bank’s been delivering solid shareholder profits for years. During the past five, it’s delivered a total return of 227.4% from a blend of share price gains and dividends. It’s comfortably…
