Interim dividend for 2016-17 declared

[RobertT]

https://www.myroyalmail.com/news/2016/1 ... idend-date" onclick="window.open(this.href);return false;

Our Board has declared an interim dividend for 2016-17 of 7.4 pence per share, for shareholders on the register on 9 December 2016.

Tomorrow, 8 December 2016, is the ex-dividend date. This is the first day that anyone could purchase a Royal Mail share, and not receive the interim dividend payment for 2016-17.

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. It is important to remember that the price and value of any shares can go down as well as up, depending on demand for the shares.

Demand can be influenced by a number of factors, including market demand, the company’s performance and what is called ‘sentiment’ – what people believe or expect will happen in the future.

Share price

You can see our 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 certain newspapers.

On our 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 date

The Royal Mail interim dividend for 2016-17 will be paid on 11 January 2017.

If you have any queries please contact your.news@royalmail.com

[windermeredave]

I am reading this as being a registered shareholder on Dec 9th i will get my dividend even though i am leaving the company (retired) on Christmas eve. is that right?

[fly-catchers]

I am reading this as being a registered shareholder on Dec 9th i will get my dividend even though i am leaving the company (retired) on Christmas eve. is that right?

You would get your dividends for as long as you hold the shares (retired or not) and as long as RM agrees to pay them.

[Darren Bent]

It will be your until you sell them.