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!

Eligible full-time employees will receive around 104 pounds

The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
User avatar
POSTMAN
SITE ADMINISTRATOR
Posts: 32702
Joined: 07 Aug 2006, 03:19
Gender: Male

Eligible full-time employees will receive around 104 pounds

Post by POSTMAN »

Final dividend approved

https://www.myroyalmail.com/news/2015/0 ... d-approved" onclick="window.open(this.href);return false;

At yesterday’s Annual General Meeting (AGM- see jargon buster) shareholders approved the final dividend payment of 14.3 pence per share for 2014-15.

This means eligible full-time employees with 729 Free Shares will receive a dividend of around £104 (before tax) on 31 July 2015. They will have received around £152 in dividends for 2014-15*.

Eligible part-time employees will receive a dividend based on their pro rata allocation of both SIP 2013 and SIP 2014 Free Shares.

By 31 July 2015, eligible full-time employees with 729 Free Shares will have received around £248 in dividends since privatisation.**

For more information on dividends and tax, click here.

Dividend Reinvestment Plan (DRIP)

If you have bought Royal Mail shares in your own right, you may have chosen to participate in the DRIP. If you have, you will not receive a cash dividend payment on these shares. Instead, your dividend payment will be used to buy additional shares. Any cash dividend left over will be rolled over to the next dividend to purchase more shares.



*Based on final dividend payment of 14.3 pence per share and maiden interim dividend payment of 6.7 pence per share for 2014-15.

** Eligible full-time employees received around £96 on 31 July 2014; around £48 on 14 January 2015; and will receive around £104 on 31 July 2015. Eligible part-time employees will also have received dividend payments on these dates.

If you have any queries please contact your.news@royalmail.com
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
User avatar
POSTMAN
SITE ADMINISTRATOR
Posts: 32702
Joined: 07 Aug 2006, 03:19
Gender: Male

Re: Eligible full-time employees will receive around 104 pou

Post by POSTMAN »

:arrrghhh :d'oh!
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
rumble1234
Posts: 58
Joined: 07 Dec 2010, 11:52
Gender: Male

Re: Eligible full-time employees will receive around 104 pou

Post by rumble1234 »

Does the money go straight to your account cause it's not in wages.cheers
dennis12
Posts: 37
Joined: 18 Jun 2013, 19:46
Gender: Male

Re: Eligible full-time employees will receive around 104 pou

Post by dennis12 »

Hi somebody did previously post that it is paid straight in bank don't know for sure though
technotechnotechno
Posts: 6
Joined: 23 Jun 2014, 20:07
Gender: Male

Re: Eligible full-time employees will receive around 104 pou

Post by technotechnotechno »

Yes. It's a separate payment.