Majority taxpayer-owned lender plans fresh round of dividends and share buybacks
NatWest Group has returned to profit and announced plans for a fresh round of dividends and share buybacks that will result in a payout of at least £190m for the Treasury.
The majority taxpayer-owned lender – formerly known as Royal Bank of Scotland – said it planned to pay investors dividends worth £347m at 3p per share after swinging to a £2.5bn profit in the first half of the year as the British economy recovers from Covid-19.
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