Barclays plans £10 billion return to investors through buybacks and dividends

Barclays plans to return £10 billion to investors from 2024 to 2026, having completed about 30% of this in 2024. The bank's share price fell 5% after its Q4 update, but its capital return strategy may attract passive income investors. The current dividend yield is around 2.8%, with no plans for increases. Barclays aims to reduce its share count through buybacks, potentially raising the dividend per share from 7.95p to 8.88p by 2026, resulting in a yield of over 3%. Barclays also targets an increase in return on tangible equity from 10.5% in 2024 to 12% by 2026. However, various factors, such as interest rates and regulations, could impact these plans.