Lloyds hikes dividend more than expected as profits jump 17%

  • Lloyds Banking Group PLC (LSE:LLOY) reported a rise in second-quarter profits, beating analyst expectations and rewarding shareholders with a 15% increase in the interim dividend.  Underlying profit before impairments came in at £2.16 billion for the second quarter, beating the £2 billion consensus forecast and up 17% from the first quarter.