Royal Mail's ex-dividend date is Thursday 2 July

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Royal Mail is proposing a final dividend for 2014-15 of 14.3 pence per share for shareholders on the register on 3 July 2015.

Our ex-dividend date is 2 July 2015. This is the first day anyone could purchase a Royal Mail share and not receive the final dividend payment for 2014-15.

Why is the ex-dividend date important?

Typically, a company’s share price will start trading at a lower price on its ex-dividend date. All other things being equal, the difference in the share price is normally approximately the value of the dividend payment. This is because anyone buying the shares from that point would not receive that dividend payment.

Of course, there are many other factors that can impact a company’s share price. It is ultimately decided by the stock market. The share price reflects the market’s view of the business, its prospects and general market conditions.

Royal Mail share price

You can see the Royal Mail share price every day the stock market is open. You can see it on http://www.myroyalmail.com" onclick="window.open(this.href);return false;, http://www.royalmailgroup.com" onclick="window.open(this.href);return false;, on screens in your workplace and in most newspapers.

On the group’s websites, the share price will update every 15 minutes when the stock market is open and will show the closing price of the previous trading day when the stock market is closed. It will not reflect the current market price and should not be used to make any investment decisions.

Dividend payment

Subject to shareholder approval, Royal Mail’s final dividend for 2014-15 will be paid on 31 July 2015.