LSE:NWG (NatWest Group)
About NWG
NatWest Group Plc is a universal bank based in the United Kingdom. The company provides a complete ecosystem of financial services to both consumers and businesses, including retail banking, private banking, commercial banking, financing, and risk management.
NatWest was launched in 1970 after consolidating over 200 local banks scattered across England and Wales. However, over the years, the group has acquired other financial institutions, including the Royal Bank of Scotland, which dates back to 1727.
While the bank has an international presence, most of the income is generated within Britain. In total, it houses over £476bn in customer deposits, making it the fourth largest bank in the United Kingdom.
Frequently Asked Questions
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The banking sector hasn’t delivered exceptional performance since the 2008 financial crisis. And looking at the NWG share price, the bank stock hasn’t been a particularly lucrative investment.
However, in recent years, management has introduced a dividend that’s begun to attract income investors. And with rising interest rates making its lending activities more profitable, it’s possible that the business can deliver some long-term returns as well as stability.
Regardless, investors need to consider the risks before making any investment decision.
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Yes. NatWest shares pay a cash dividend at an average 46% payout ratio. Dividends were temporarily cancelled in 2020 due to the pandemic but resumed in 2021. The stock has two years of consecutive dividend growth.
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NatWest shares pay out a dividend twice a year, in March and August.
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NatWest shares are listed on the London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.