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Final dividend : Eligible full-time employees will receive around 125.00p

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POSTMAN
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Final dividend : Eligible full-time employees will receive around 125.00p

Post by POSTMAN »

https://www.myroyalmail.com/news/nation ... ts-2015-16" onclick="window.open(this.href);return false;

The Board has recommended a final dividend of 15.1 pence per share. This means eligible full-time employees with the maximum allocation of 832 Free Shares will receive around £125 as a final dividend payment on 29 July 2016, subject to shareholder approval. In total, they will have received over £430 (before tax) in dividends since privatisation*.

Eligible part-time employees will receive a dividend based on their pro-rata allocation of Free Shares.

For more information on dividends and tax...
http://www.myroyalmail.com/employee-sha ... /dividends" onclick="window.open(this.href);return false;

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 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.

For more information about the DRIP...
http://www.myroyalmail.com/node/5424" onclick="window.open(this.href);return false;

Important note: companies do not have to pay dividends. Our Board will decide when and how often we will pay dividends to shareholders, and how much these dividends will be. This will depend on many things, including our company’s performance and future investment plans.

* Up until 13 January 2016, eligible full-time employees with the maximum allocation of 832 Free Shares have received over £306 (before tax) in dividends, and will receive around £125 on 29 July 2016, subject to shareholder approval.
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.