NatWest investors given £1.5bn weeks after full privatisation
by Kalyeena Makortoff Banking correspondent from World news | The Guardian on (#6YWKK)
Profits rise 4.4% at lender, which plans to distribute interim dividend of 9.5p a share on top of fresh 750m buyback
NatWest will give a further 1.5bn to shareholders only weeks after the UK government sold the final part of its stake in the once bailed-out bank.
The high street lender on Friday announced plans to distribute an interim dividend of 9.5p a share, worth a collective 768m, on top of a fresh 750m share buyback in the second half of the year.
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