Royal Bank of Scotland Group PLC (RBS) Plans $0.20 Special Dividend

Royal Bank of Scotland Group PLC (NYSE:RBS) declared a special dividend on Tuesday, March 12th, Wall Street Journal reports. Stockholders of record on Friday, March 22nd will be given a dividend of 0.1961 per share by the financial services provider on Tuesday, April 30th. The ex-dividend date of this dividend is Thursday, March 21st.

NYSE RBS opened at $7.23 on Wednesday. The firm has a market cap of $43.61 billion, a PE ratio of 15.06 and a beta of 1.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.97 and a quick ratio of 0.97. Royal Bank of Scotland Group has a twelve month low of $4.98 and a twelve month high of $8.14.

Royal Bank of Scotland Group (NYSE:RBS) last released its quarterly earnings results on Friday, February 15th. The financial services provider reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.09). The business had revenue of $3.93 billion for the quarter, compared to analysts’ expectations of $4.29 billion. Royal Bank of Scotland Group had a return on equity of 5.21% and a net margin of 12.91%. As a group, equities analysts expect that Royal Bank of Scotland Group will post 0.79 earnings per share for the current year.

A number of research firms have recently weighed in on RBS. Zacks Investment Research cut Royal Bank of Scotland Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 27th. ValuEngine upgraded Royal Bank of Scotland Group from a “strong sell” rating to a “sell” rating in a report on Saturday, January 19th. Finally, Morgan Stanley cut Royal Bank of Scotland Group from an “overweight” rating to an “equal weight” rating in a report on Monday, February 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. Royal Bank of Scotland Group presently has an average rating of “Buy” and a consensus price target of $8.50.

COPYRIGHT VIOLATION WARNING: This news story was first posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The correct version of this news story can be accessed at https://www.com-unik.info/2019/03/20/royal-bank-of-scotland-group-plc-rbs-plans-0-20-special-dividend.html.

Royal Bank of Scotland Group Company Profile

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. It operates through Personal & Business Banking, Commercial & Private Banking, RBS International, and NatWest Markets segments.

See Also: Limitations of the P/E Growth ratio

Receive News & Ratings for Royal Bank of Scotland Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Bank of Scotland Group and related companies with MarketBeat.com's FREE daily email newsletter.



Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit