At the cost of £1.2bn, Royal Bank of Scotland (LSE: RBS) has finally regained control over its own dividends by exiting the scheme that had given the government priority in the wake of its financial crisis bailout.

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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.