Royal Bank Of Scotland Share Discussion Threads

[smurfy2001] 15/2/2019 07:31

So I’ve just worked out RBS will pay me over £6200 in dividends for the final+special !! 😮

Very happy !

[polar fox] 15/2/2019 07:27

I think the market should be pleased with the overall package, especially the total dividends coming in nearly double the consensus. A small improvement in NIM in Q4 is encouraging, hopefully it's bottomed.

Back to Brexit....

[smurfy2001] 15/2/2019 07:19

When are the dividends paid?

The final and special dividends recommended by directors are subject to shareholders' approval at the Annual General Meeting on 25 April 2019. If approved, payment will be made on 30 April 2019 to shareholders on the register at the close of business on 22 March 2019. The ex-dividend date will be 21 March 2019.

[smurfy2001] 15/2/2019 07:10

Nearly 3% higher than Barclays.

CET1 ratio of 16.2% increased by 30 basis points in 2018 and included:
the impact of a GBP2 billion pre-tax pension contribution; the settlement
with the Department of Justice; and full year ordinary and special
dividends of GBP1.6 billion. Excluding these items, the CET1 ratio
increased by 240 basis points driven by the profit and reduced RWAs.

[chinese investor] 15/2/2019 07:06

"RBS reported an operating profit before tax of GBP3,359 million and an attributable profit of GBP1,622 million for 2018 and proposes a final ordinary dividend of 3.5 pence per share and a 7.5 pence special dividend."

[smurfy2001] 15/2/2019 07:04

Fabulous dividend! So total for year of 13p as 2p was paid previously.

RBS reported an operating profit before tax of GBP3,359 million and an attributable profit of GBP1,622 million for 2018 and proposes a final ordinary dividend of 3.5 pence per share and a 7.5 pence special dividend.

[connorcampbell] 14/2/2019 13:25

Can the Royal Bank of Scotland avoid another Brexit-spoiled update with Friday’s full year results?

After that £100 million charge in Q3, and considering that this is the company’s final scheduled event before the March 29th withdrawal date, investors will be after a fuller idea of the bank’s Brexit contingency plans on Friday. On top of that, RBS is expected to post full year earnings per share of 28.5p, alongside revenue of £13.27 billion.

Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here:

[connorcampbell] 14/2/2019 13:24

Can the Royal Bank of Scotland avoid another Brexit-spoiled update with Friday’s full year results?

After that £100 million charge in Q3, and considering that this is the company’s final scheduled event before the March 29th withdrawal date, investors will be after a fuller idea of the bank’s Brexit contingency plans on Friday. On top of that, RBS is expected to post full year earnings per share of 28.5p, alongside revenue of £13.27 billion.

Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here: hxxps://spreadex.com/?tid=386962

[gotnorolex] 14/2/2019 12:57

Ever hopeful are we, but remember what happened with LLOY after HMG selloff to institutions! Expecting a good day tomorrow! Locked in for the long term!

[smurfy2001] 14/2/2019 12:36

It's very positive if the shares bought from HMG are cancelled.

Less shares in issue = Higher EPS with potential for even higher dividend payments in future.

Looking forward to the RNS with hopefully good news on the dividend.

[blusteradjuster] 14/2/2019 06:45

Buying back 5% would lower CET1 by 0.7%.

Given that CET1 is at 16.7% and rising vs target of 13%, they have plenty of scope to keep buying back from HMG going forward.

Of course, as the shares in issue falls, so does the share price rise and the loss made on each tranche sold by HMG falls.

Hammond may get (most of) our money back yet.

[polar fox] 13/2/2019 10:51

For info, January's annual 2.5% RPI will, as usual, be the percentage increase for Group Pension Fund payments w.e.f. April. Last year the increase was 2.6%. It's above the Y/Y 1.8% CPI, again as usual. Fred and his friends should be happy with that!

As we know, the bank has been putting billions into the Pension Fund in recent times, to fund it better, and is committed to continue with that - details are available in last year's RNSs.

[cfc1] 11/2/2019 11:47

smurfs - sure but the banking sector up and RBS is STILL the equ of 23.5p!!! its NAV is north of £3!!

[smurfy2001] 11/2/2019 11:31

I'm just looking forward to the dividends. Hopefully the rumours are true.

[cfc1] 11/2/2019 11:09

donkad - I know nothing! Perhaps over expectation for Fri or run down ahead of results? I think the share price should be way north of 300!!

[donkad] 11/2/2019 10:35

In technical terms, it's a load of bollo??? Can't believe the price continues to subside on nothing but good news. Maybe there is a dark side!!!

[polar fox] 11/2/2019 06:47

This morning's final dividend consensus, ahead of Friday, is 7.07p. It's been around there for the past couple of months and previously was 6p+ for several months. We'll see what the Kiwi comes up with....

[smurfy2001] 10/2/2019 21:45

Analysts expect RBS to post operating profits of £3.2bn, up from £2.2bn last year, when the bank presents full-year results on Friday.

[polar fox] 10/2/2019 08:26

MoS:

Excerpt:

Royal Bank of Scotland is tipped to announce a £1billion dividend payout this week in a major boost for shareholders – and the taxpayer.

Analysts expect the bank – bailed out by £45.5billion of taxpayer money in 2008 – to unveil a special dividend of 3p per share on top of an ordinary dividend of 6p per share in its annual results on Friday.

That would put the Treasury, which holds 62.3 per cent of RBS shares, in line for a £675million windfall.

unquote

I'm not holding my breath.

[chiefbrody] 09/2/2019 14:43

Pay all bonus's in shares. With a lock in period. Period.

[smurfy2001] 09/2/2019 13:44

It’s been a long road back, but RBS has put many of its legacy issues to bed

[smurfy2001] 09/2/2019 13:42

City analysts predict RBS will report doubled profits of £1.4billion in its annual results next week



Gordon also believes that RBS will declare a 10p special dividend alongside its results.

[chiefbrody] 09/2/2019 13:27

Sigh. Nothing changes.

[smurfy2001] 09/2/2019 13:21

RBS to pay £335m bonuses after second annual profit in a row



Analysts have forecast a significant improvement on 2017's operating profit of £2.2bn and attributable profit of £752m, with RBS now saddled by fewer legacy impairment and litigation charges.