Royal Bank of Scotland Group plc (RBS) to Issue Dividend of GBX 14 on September 20th

Royal Bank of Scotland Group plc (LON:RBS) declared a dividend on Friday, August 2nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 15th will be given a dividend of GBX 14 ($0.18) per share by the financial services provider on Friday, September 20th. This represents a dividend yield of 6.82%. The ex-dividend date is Thursday, August 15th. This is an increase from Royal Bank of Scotland Group’s previous dividend of $11.00. The official announcement can be viewed at this link.

LON RBS opened at GBX 201.80 ($2.64) on Tuesday. The company has a market cap of $24.35 billion and a P/E ratio of 8.85. The firm’s 50 day moving average is GBX 220.35. Royal Bank of Scotland Group has a fifty-two week low of GBX 196.89 ($2.57) and a fifty-two week high of GBX 274.20 ($3.58).

RBS has been the topic of several analyst reports. Shore Capital reissued a “buy” rating on shares of Royal Bank of Scotland Group in a research report on Friday, August 2nd. Deutsche Bank reissued a “buy” rating on shares of Royal Bank of Scotland Group in a research report on Monday, August 5th. Goldman Sachs Group reissued a “buy” rating on shares of Royal Bank of Scotland Group in a research report on Tuesday. Jefferies Financial Group reissued a “buy” rating on shares of Royal Bank of Scotland Group in a research report on Monday, July 1st. Finally, UBS Group restated a “buy” rating on shares of Royal Bank of Scotland Group in a report on Friday, August 2nd. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Royal Bank of Scotland Group presently has a consensus rating of “Buy” and a consensus price target of GBX 294.75 ($3.85).

About Royal Bank of Scotland Group

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. It operates through Personal & Business Banking, Commercial & Private Banking, RBS International, and NatWest Markets segments.

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