Image:
The payout comes after UK government sold a 7.7% stake in RBS in June
Royal Bank of Scotland (RBS) has announced plans to reinstate a dividend for the first time since the financial crisis, declaring an interim dividend of 2p per ordinary share in its half-year report today.
The payment of the dividend and the timing is dependent on when a fine by the US Department of Justice is finalised, relating to an investigation into RBS's issuance and underwriting of US RMBS. ...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
