Barclays chairman Sir David Walker has said plans to raise £5.8 billion from its shareholders to plug its capital shortfall would leave the bank "in an even stronger capital position".
The Prudential Regulation Authority (PRA) reported last month that Barclays needed to raise £3 billion in reserve to cover their risks.
As a result we expect Barclays to be in an even stronger capital position, allowing us to increase the dividend payout ratio ahead of the original Transform target.
The Board expects that Barclays will continue to reduce leverage further, whilst maintaining target capital levels, and will aim to do so in a way that achieves sustainable returns above the cost of equity.
More top news
More than one in 10 pregnant women and new mothers reported being dismissed or forced out of their job, research shows.
Pop star Chris Brown was arrested on suspicion of assault with a deadly weapon after a standoff at his Los Angeles home.
The decision not to press charges in the abuse case against Sir Cliff Richard is being reviewed.