Majority taxpayer-owned lender plans fresh round of dividends and share buybacks
The Treasury is in line for bumper payouts after NatWest Group, which is majority owned by the taxpayer, returned to profit and announced plans to return £3bn to stockholders through dividends and share buybacks over the next three years.
Natwest said it planned to pay investors dividends worth £347m at 3p a share after swinging to a £2.5bn profit in the first half of the year as the British economy recovers from Covid-19.
