NatWest returns to profit, with Treasury in line for £190m payout

Majority taxpayer-owned lender plans fresh round of dividends and share buybacks

NatWest Group has returned to profit and announced plans for a fresh round of dividends and share buybacks that will result in a payout of at least £190m for the Treasury.

The majority taxpayer-owned lender – formerly known as Royal Bank of Scotland – said it planned to pay investors dividends worth £347m at 3p per share after swinging to a £2.5bn profit in the first half of the year as the British economy recovers from Covid-19.

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Coronavirus | The Guardian

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