RBS Pays 2p Dividend to Ordinary Shareholders

RBS Pays 2p Dividend to Ordinary Shareholders

RBS Pays 2p Dividend to Ordinary Shareholders

The FINANCIAL -- Around 190,000 ordinary shareholders, including UK Government Investments (UKGI), will receive a total in the region of £240million. This is the first dividend payment the bank has made since 2008.

RBS has previously announced an intention to build to a payout ratio of around 40% of attributable profits over time. At H1 2018, RBS had a Common Equity Tier 1 capital ratio of 16.1%, against a medium-term target of above 13%.