Lloyds hikes dividend despite profit slump amid mortgage market competition
![Lloyds hikes dividend despite profit slump amid mortgage market competition](https://i.dailymail.co.uk/1s/2024/07/25/09/83370965-0-image-m-10_1721895929866.jpg)
The financial services firm intends to pay investors a 1.06 pence per share interim dividend, which is equivalent to £662million and a 15 per cent jump on the previous year.