NatWest Group – Consolidation & Special Dividend

Stock info – GB00B7T77214  Ord  GBP1

DIVIDEND INFORMATION –

NatWest Group plc has announced an interim dividend for 2022 of GBP364 million, or 3.5 pence per ordinary share. The interim dividend will be paid on 16 September 2022 to shareholders on the register at close of business on 26 August 2022. The ex-dividend date will be 25 August 2022. NatWest Group plc has also announced that the directors have recommended a special dividend of GBP1,750 million, or 16.8 pence per share, and associated share consolidation, each will be subject to shareholder approval at a General Meeting on 25 August 2022. The special dividend will return material capital to shareholders whilst ensuring the UK Government`s shareholding remains below 50 per cent., which the Board has determined is the interests of all the Group`s stakeholders. The special dividend will be credited on or around 16th September 2022.

If you are a dividend reinvestment (DRIP) client with Pilling then both the interim and special dividend will be reinvested at the DRIP rate. 

CONSOLIDATION –

Every 14 Existing Ordinary Shares will be consolidated into 13 New Ordinary Shares with a nominal value of GBP1.0769 each.

If you hold NatWest within your Pilling & Co account your shares will be updated automatically on or around 30th August 2022.

If you have any queries please contact the team on caisa@Pilling.co.uk 

Capital may be at risk