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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.
comeracing
Posts: 804
Joined: 28 Nov 2010, 20:58
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Post by comeracing »

i sold 700 plus rm shares over the phone just before closure on thursday 16th may i would have got friday share price i think thats what they said,money still not gone into my account,since then over last few days gone down by over 20p im a bit worried i better not get ripped off and get paid todays share price 21/5/19,also ive nearly 200 shares left am i still entitled to dividend payments thank you
arnold cheshire
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Joined: 14 Oct 2010, 21:28
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Location: england

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Post by arnold cheshire »

comeracing wrote:i sold 700 plus rm shares over the phone just before closure on thursday 16th may i would have got friday share price i think thats what they said,money still not gone into my account,since then over last few days gone down by over 20p im a bit worried i better not get ripped off and get paid todays share price 21/5/19,also ive nearly 200 shares left am i still entitled to dividend payments thank you
It gets paid through wages normally takes one to two pay days
RobertT
EX ROYAL MAIL
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Joined: 09 Sep 2007, 14:26
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Post by RobertT »

If you've sold free shares that you've held for more than 5 years, the proceeds should reach you bank account with a few working days. If you're selling ones you've held for between 3 & 5 years, you'll get the money via your wages as tax and NIC's is payable.
You'll still get dividends on the shares that remain in your SIP.
Links to all RM pension related websites are here