View more on these topics

RBS plans dividends for 2014

RBS Branch 480

The Royal Bank of Scotland Group intends to pay dividends in 2014.

On 4 May, RBS announced it will resume discretionary coupons and dividend payments on preference shares, which have been deferred for the past two years. It still does not pay dividends on ordinary shares.

According to The Times, the bank intends to be ready to start paying dividends in late 2014.

After a further 18 months of bolstering the bank’s balance sheet, senior RBS figures believe the bank will be returned to the private sector in four share offerings worth more than £10bn each over 10 years, reports The Times.

In 2008, the Government pumped £45.5bn pounds into RBS, giving it an 82 per cent holding in the bank.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm