Why I think the RBS share price is a dirt-cheap FTSE 100 dividend-investing opportunity
Why I think the RBS share price is a dirt-cheap FTSE 100 dividend-investing opportunity. The prospects for RBS (LSE: RBS) continue to be uncertain. The challenges posed by Brexit could cause investor sentiment to remain weak, while risks facing the world economy may do likewise. The end of PPI claims later this year could mean that the wider banking sector is under less pressure over the medium term. And with the stock trading on a price-to-earnings (P/E) ratio of 8.8, it appears to offer a margin of safety, versus a number of other FTSE 100 stocks. Since RBS is expected to increase dividends this year so that it yields over 5%, it could become an increasingly appealing income share.