Forbes -
10 Dec 2013 20:55

On 12/12/13, Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series M (NYSE: RBS.PRM) will trade ex-dividend, for its quarterly dividend of $0.40, payable on 12/31/13. As a percentage of RBS.PRM's recent share price of $21.39, this dividend works out to approximately 1.87%, so look for shares of RBS.PRM to trade 1.87% lower -- all else being equal -- when RBS.PRM shares open for trading on 12/12/13. On an annualized basis, the current yield is approximately 7.49%, whi...
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