Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

RBS and gov't in talks over resuming dividend payments

RBS and gov't in talks over resuming dividend payments

The Royal Bank of Scotland (RBS) is in talks with the government over buying back a ‘golden share’ which would allow it to resume paying dividends, according to reports.

The Financial Times reported that RBS and the government were in advanced talks over the bank buying back a dividend access share, which the government acquired when it bailed out the bank in 2008.

The share allows the Treasury to take an enhanced dividend before payouts are made to ordinary shareholders.

Read the full story here.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Commodity conundrum, beleaguered bonds and a US dilemma

Commodity conundrum, beleaguered bonds and a US dilemma

This week’s episode of Investment Pulse looks at the impact of falling commodity prices on banks, dangers of negative yield curves and whether US equities can continue to deliver.

Play Mirabaud's Pyshkin: The US will continue to grow dividends

Mirabaud's Pyshkin: The US will continue to grow dividends

The global equity income manager has invested half of his fund here.

Play Potential US rate rise, cheap oil & the Europe opportunity

Potential US rate rise, cheap oil & the Europe opportunity

This week we analyse the implications of a possible rise in US interest rates, the impact of cheap oil and the European equity opportunity.  

Wealth Manager on Twitter