https://www.fool.co.uk/2022/08/08/high- ... 7-3-yield/City analysts think the courier will keep the annual dividend unchanged at 20p per share this year. However, this predicted dividend payment is barely covered by anticipated earnings.
In fact dividend cover sits a long way away from the widely accepted minimum of two times. And this is particularly concerning given the high chance that profits forecasts will be downgraded again.
ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE
ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!
Should I buy Royal Mail's shares for its 7.3% yield?
-
britwrit
- MAIL CENTRES/PROCESSING
- Posts: 964
- Joined: 22 Apr 2007, 15:12
Should I buy Royal Mail's shares for its 7.3% yield?
The Motley Fool stock site tells investors to - surprise! - run as far away as they can from us. Everybody's a critic.
-
noggin1969
- Posts: 1321
- Joined: 13 Oct 2009, 17:28
- Gender: Male
Re: Should I buy Royal Mail’s shares for its 7.3% yield?
Least th
Last edited by noggin1969 on 05 Feb 2024, 15:49, edited 1 time in total.
-
k979aaa
- Posts: 12578
- Joined: 03 Sep 2007, 19:14
- Gender: Male
- Location: THE NORTH
Re: Should I buy Royal Mail's shares for its 7.3% yield?
When will we receive it?
-
aiden01
- MAIL CENTRES/PROCESSING
- Posts: 7001
- Joined: 27 Feb 2013, 21:43
- Gender: Male
-
k979aaa
- Posts: 12578
- Joined: 03 Sep 2007, 19:14
- Gender: Male
- Location: THE NORTH
-
RobertT
- EX ROYAL MAIL
- Posts: 6642
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: Should I buy Royal Mail's shares for its 7.3% yield?
Yes it's 6th September and technically 13.3p per share. That extra 0.3p adds up to nearly £3 more for those who've still got the max 913 free shares.
Don't spend it all at once.
https://www.royalmailgroup.com/en/inves ... formation/
Links to all RM pension related websites are here
-
k979aaa
- Posts: 12578
- Joined: 03 Sep 2007, 19:14
- Gender: Male
- Location: THE NORTH
Re: Should I buy Royal Mail's shares for its 7.3% yield?
913 Shares is a good investment for the strike fund at £121.42 well earned over the years by the way!RobertT wrote: ↑13 Aug 2022, 16:45Yes it's 6th September and technically 13.3p per share. That extra 0.3p adds up to nearly £3 more for those who've still got the max 913 free shares.
Don't spend it all at once.
https://www.royalmailgroup.com/en/inves ... formation/
-
aiden01
- MAIL CENTRES/PROCESSING
- Posts: 7001
- Joined: 27 Feb 2013, 21:43
- Gender: Male
-
k979aaa
- Posts: 12578
- Joined: 03 Sep 2007, 19:14
- Gender: Male
- Location: THE NORTH
Re: Should I buy Royal Mail's shares for its 7.3% yield?
£68.22 a lot sold them and gave the taxman a bonus!
-
aiden01
- MAIL CENTRES/PROCESSING
- Posts: 7001
- Joined: 27 Feb 2013, 21:43
- Gender: Male
-
k979aaa
- Posts: 12578
- Joined: 03 Sep 2007, 19:14
- Gender: Male
- Location: THE NORTH
Re: Should I buy Royal Mail's shares for its 7.3% yield?
i have 913 so get £121 strike fund I may come across as antitcapitalists' o here but there is good and bad on both sides of the equationon