RBS to announce whether dividends plans will continue

Latest News

RBS to announce whether dividends plans will continue

By Oliver Wade

27/10/2018

The Royal Bank of Scotland (RBS) is set indicate whether it plans to continue paying dividends this week, as British lenders reveal their third quarter results.

The bank, which returned to profit last year for the first time since the 2008 financial crisis, recently paid its first dividend in ten years.

On 12 October, RBS paid an interim dividend of 2p per share after announcing the decision in its second quarter results, with analysts expecting clarity on a potential second dividend in the bank’s July to September statement on Friday.

The lender has revealed that total income for the third quarter is expected to be £3.29bn, which is just short of the £3.38bn posted last quarter. Despite this, profit is expected to jump from £613m to £892m.

The UK housing market in 2024

The performance of the UK housing market in 2024 has largely exceeded many people's expectations, although challenges remain for first-time buyers due to house prices increasing and a testing rental market for many. Regional disparities, such as the North-South divide, also continue to influence housing accessibility and affordability for many buyers in pockets of the country.

Intergenerational lending

MoneyAge News Editor, Michael Griffiths, hosts Family Building Society BDMs, Amar Mashru and Arif Kara, to discuss intergenerational lending and explore ways that buyers can use family income to help increase their borrowing capacity when applying for a mortgage

Helping landlords make their cash work harder

MoneyAge Editor, Adam Cadle, talks to Family Building Society BDMs, Arif Kara and Nathan Waller, about the resilient BTL market, the wide variety of landlords that Family Building Society caters for, and how niche products like an Offset mortgage can help improve cashflow.