Bailed-out British bank LLoyds has reported profits and confirmed it will resume paying dividends to shareholders for the first time since the financial crisis.
Its full-year statutory profits came in at £1.8bn ($2.7bn) and it will pay a dividend of 0.75 pence per share.
Lloyds Banking Group is now 23.9% owned by the taxpayer, after starting to sell off shares taken by the government when it was bailed out.
Lloyds profit contrasts with the other rescued British bank RBS which reported a loss on Thursday and is still majority state-owned.
But there's controversy over a total remuneration package worth £11m ($17m) going to the bank's chief executive, Antonio Horta-Osorio.
Danny Cox of stockbroker Hargreaves Lansdown says the dividend payment is significant.
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