Cash Dividend On The Way From Royal Bank of Scotland Group Non-cumulative Dollar Preference Shares, Series P

On 12/12/14, Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series P (NYSE: RBS.PRP) will trade ex-dividend, for its quarterly dividend of $0.3906, payable on 12/31/14. As a percentage of RBS.PRP's recent share price of $24.43, this dividend works out to approximately 1.60%, so look for shares of RBS.PRP to trade 1.60% lower — all else being equal — when RBS.PRP shares open for trading on 12/12/14. On an annualized basis, the current yield is approximately 6.39%,...