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Royal Mail Plc (OTCMKTS:ROYMY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $8.37, but opened at $7.72. Royal Mail shares last traded at $7.72, with a volume of 500 shares traded.
Royal Mail Stock Performance
The stock has a 50-day moving average price of $8.61 and a 200-day moving average price of $8.99.
Royal Mail Increases Dividend
The business also recently disclosed a dividend, which was paid on Thursday, May 29th. Shareholders of record on Tuesday, May 13th were paid a dividend of $0.1817 per share. This represents a yield of 2.5%. This is an increase from Royal Mail’s previous dividend of $0.04. The ex-dividend date was Monday, May 12th.
About Royal Mail
(Get Free Report)
International Distributions Services plc, together with its subsidiaries, operates as a universal postal service provider in the United Kingdom and internationally. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters.
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