Shares in Lloyds Banking Group are expected to yield north of 5 per cent over the next 12 months, so it is little wonder the stock is among the most highly traded among DIY investors on platforms Hargreaves Lansdown and AJ Bell.
But many of these investors may be taking profits rather than buying in. The stock is up by more than 20 per cent so far this year, a rise triple that of the FTSE 100, though behind gains achieved by rival banks Barclays and NatWest, which are both up by more than 40 per cent.
London’s listed banks have been sailing this year, as the recovery in the British economy from years of shocks takes hold.
Lloyds is the biggest bank in the
