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Next dividend of 15.6p per share

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.
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Next dividend of 15.6p per share

Post by RobertT »

https://www.myroyalmail.com/news/2017/05/final-dividend" onclick="window.open(this.href);return false;

The Board has recommended a final dividend of 15.6 pence per share. This means eligible full-time employees with the maximum allocation of 913 Free Shares will receive over £140 as a final dividend payment on 28 July 2017, subject to shareholder approval.

In total, they will have received almost £650 (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, click here. 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. For more information about the DRIP, click here. http://www.myroyalmail.com/node/5424" onclick="window.open(this.href);return false;

Important note: Companies do not have to pay dividends. Our Board decides the dividend policy for the company and how much to pay out as dividends. This will depend on many things, including our company's performance and future investment plans. If a dividend is declared, the Board would expect to pay an interim dividend each year equal to approximately one-third of the prior year’s total dividend and to set the final dividend for each year in light of the Group’s full year performance.
Links to all RM pension related websites are here
worktotime
Posts: 2860
Joined: 14 May 2010, 20:47
Gender: Male

Next dividend of 15.6p per share

Post by worktotime »

well this says it all about this company we must be on the bones of our arses and struggling for money , cant afford the pension , cant afford a pay rise , looking to shaft the staff of certain payments , but they can look to pay god knows how much money out in share dividends thats disgusting :evil/mad , surely the cwu should use this in there favour.
deltaforce
Posts: 778
Joined: 01 Jan 2009, 15:29
Gender: Male

Next dividend of 15.6p per share

Post by deltaforce »

Trouble is dividends pay people's pensions. If there is no dividends, share prices nose dives and then company is open to hostile bids and asset strippers. It not as simple as the rich stealing the bread out of the workers mouth.
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72561
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Next dividend of 15.6p per share

Post by TrueBlueTerrier »

worktotime wrote:well this says it all about this company we must be on the bones of our arses and struggling for money , cant afford the pension , cant afford a pay rise , looking to shaft the staff of certain payments , but they can look to pay god knows how much money out in share dividends thats disgusting :evil/mad , surely the cwu should use this in there favour.
with 1 billion shares Royal mail will only pay out £156 million in dividends. or about £1114.285 to each of us if we got it as a bonus - Now that would be a good idea. :chuckle :chuckle
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worktotime
Posts: 2860
Joined: 14 May 2010, 20:47
Gender: Male

Next dividend of 15.6p per share

Post by worktotime »

TrueBlueTerrier wrote:
worktotime wrote:well this says it all about this company we must be on the bones of our arses and struggling for money , cant afford the pension , cant afford a pay rise , looking to shaft the staff of certain payments , but they can look to pay god knows how much money out in share dividends thats disgusting :evil/mad , surely the cwu should use this in there favour.
with 1 billion shares Royal mail will only pay out £156 million in dividends. or about £1114.285 to each of us if we got it as a bonus - Now that would be a good idea. :chuckle :chuckle
to right that's some serious cash :thumbup , and there was no payment of polling card money in the wages this week either :left: , prioritys come to mind .
Lincox
EX ROYAL MAIL
Posts: 3485
Joined: 09 Jan 2008, 18:07
Gender: Male

Next dividend of 15.6p per share

Post by Lincox »

In total, they will have received almost £650 (before tax) in dividends since privatisation*.

Whoopee, some incentive for having to work your body to the bone and now you will see this money plus thousands more disappear from your pension funds. Talk about King John and Robin Hood. These robbing bastrds beat the lot for robbing the honey pot and stamping on the bees who produce it.
jetblack
Posts: 974
Joined: 15 Apr 2011, 12:54
Gender: Male

Next dividend of 15.6p per share

Post by jetblack »

Profit is whats left from revenue after costs. There should be no profit - as to date RM are not covering costs of the future pensions liabilty. If the share price plummets thereby making RM vulnerable to hostile takeover/asset strippers etc - then this is exactly what Government regulation is for/to prevent.

Or it should be :hmmmm