Welcome to our new website! Let us know what you think..

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.
Your Business: Cover Star Club

Profile: why Chris Wyllie joined Connor Broadley

Profile: why Chris Wyllie joined Connor Broadley

Professional footballers are not renowned for their financial acumen, but former Millwall player James Connor is an exception to the rule

Wealth Manager on Twitter