Are Royal Mail shares worth buying after the dividend cut?
[ad_1] Trading conditions for Royal Mail (LSE: RMG) have been difficult recently. Increasingly, everything is distributed by email. This goes some way toward explaining why the group announced that operating profits fell 34%, to £376m, in May. Unsurprisingly, the company’s share price dropped by a total of 17% in May. To the relief of investors, the…