03-08-2018 09:40 via Business | The Guardian

RBS to pay its first dividend since 2008 bailout

Bank will pay 2p a share once $4.9bn settlement with US Department of Justice is finalisedRoyal Bank of Scotland is to pay its first dividend since its £45n bailout by the UK government during the financial crisis a decade ago.The bank will pay an interim dividend of 2p a share once its provisional $4.9bn settlement with the US Department of Justice is finalised, ending an investigation into sales of mortgage-backed products. The dividend is worth £240m and the Treasury will receive
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