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.
rambo1 wrote:Buy from dec1st this yr then. Gotta be quick to get for the ex div date, usually first week of Dec. If that's what you want.
Any dividend will be pro-rata dependant on how long you've held them surely? Otherwise you could buy 40k of shares hold them for a week and cash the dividend.
rambo1 wrote:Buy from dec1st this yr then. Gotta be quick to get for the ex div date, usually first week of Dec. If that's what you want.
Any dividend will be pro-rata dependant on how long you've held them surely? Otherwise you could buy 40k of shares hold them for a week and cash the dividend.
No you just have to hold the shares on a given date and you get so much £0.00 per share.
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Correct, hold shares on day before ex dividend day and you will get div amount x number of shares you own. You're free to sell after ex div day and you will have the next div when it is paid. Be aware that the share price usually drops by the dividend amount on ex div day though normally unless there's any adverse news, it will recover in a fairly short time.
If you resign from Royal Mail this year do you lose the opportunity to purchase the shares in December? Also, do you have to sell your existing Royal Mail shares if you resign, or can you hold on to them in another job?
thelittlesthobo wrote:If you resign from Royal Mail this year do you lose the opportunity to purchase the shares in December? Also, do you have to sell your existing Royal Mail shares if you resign, or can you hold on to them in another job?
From the SAYE Page
You will lose the option to buy shares at the option price. However you can either:
1. withdraw your savings immediately; or
2. carry on saving until the end of the savings term.
On the shares, the ones that have matured I believe you will be contacted by Equiniti who give you the options available and you chose, its either cash in (paying tax and NI) or transfer I believe.
The other shares that have not yet passed their 3 year anniversary since issue - you lose.
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Darren Bent wrote:I gather saye weekly payment finished on 31st July. and I can't do anything until December 1st then I can buy the shares and sell it ? am I right
Phoned HR up, i'm not the first person this morning to ask the same question, HR said the payments will stop at the end of the year (November/December) time .
But the Royal Mail website says w/c 31 July the payments for weekly paid staff will stop ?
This week(w.c 31/7/17) should be the last week of contributions for weekly paid staff unless you’ve taken a payment holiday. If RM's HR department don't know how their own SAYE scheme works, then that just about sums up this company!
