The RBS share price: what’s next?
The Royal Bank of Scotland Group (LSE: RBS) has lagged the market over the last year, falling 23% compared to a 7% drop for the FTSE 100. It’s been a long while since Royal Bank of Scotland shares offered investors a 6% dividend yield. But the latest market forecasts suggest shareholders will receive a payout of 14.2p per share this year, giving a forecast yield of about 6.2%. It should be covered 1.9 times by forecast earnings of 26.2p per share and backed by the bank’s strong balance sheet. What else is good? But its dividend isn’t the only attraction. Shares in Irish airline Ryanair Holdings (LSE: RYA) fell today after the budget flyer said full-year profits fell 29% to €1.02bn during the year to 31 March.