Imagine being able to buy pound coins for just under 64p each at the start of the year – and having been paid to own them! That is just about what has happened with one FTSE 100 share. It is up 57% so far this year — and has a 5.1% annual dividend yield to boot!
Now, shares are different to coins. This particular share has soared in value this year. But that does not mean it will continue doing so. It could fall. Or it could keep on going, adding to the 73% gain shareholders have enjoyed over the past five years.
High street bank with lots to like
The company in question is familiar to most of us: NatWest (LSE: NWG).
NatWest owns the eponymous bank and also operates under other brands, such as the Royal Bank of Scotland and Ulster Bank.
I think there is a lot to like. It has strong brand recognition, a large customer base, strong profits and should benefit from resilient long-term demand for financial…
