Royal Mail owner International Distributions Systems swung to a half-year loss, blaming weak parcel volumes and strikes at the UK postal carrier, and also axed its interim dividend. Reported pre-tax losses came in at £127m, compared with a profit of £315m a year earlier. The company also said it would …
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Royal Bank of Canada RY-T reported higher second-quarter profit and raised its quarterly dividend as the bank sees risks related to the COVID-19 pandemic receding, which allowed it to claw back hundreds of millions of dollars in loan loss provisions. RBC is the fourth major bank to report earnings for …
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Royal Mail plc announced that The Board is proposing a final dividend of 13.3 pence per share. Combined with the interim dividend of 6.7 pence per share paid in January 2022, this gives an ordinary dividend for Fiscal Year 2021-22 of 20 pence per share, and is in line with …
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R oyal Mail is set to deliver a bonus to posties and other shareholders after half-year results today included a £200 million special dividend. Other beneficiaries will include multibillionaire Daniel Kretinsky, known as the Czech Sphinx, who has built a 15% stake in the company. Royal Mail’s latest figures show …
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With 2020 not far off now, today I’ll be examining the 2020 dividend forecasts for three very popular UK dividend stocks – BT Group (LSE: BT.A), Royal Bank of Scotland (LSE: RBS), and Royal Mail Group (LSE: RMG). Below, you’ll find the current consensus dividend forecast, the prospective yield, the …
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While it is tempting for income-seekers to chase the highest yield, investors would do better to keep an eye on the long-term. Successful income investing should be a balance between achieving an optimal income stream and protecting the capital over the long term. It is not about chasing short-term performance, …
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High-yielding FTSE 100 income stock Imperial Brands (IMB) has changed its dividend policy and announced plans for a £200 million share buyback programme. The company will stick with its target of a 10% rise in its dividend this year, ending September 30, but thereafter will adopt a flexible approach to …
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UK income investors have had a tough time so far in 2019 with a number of high-profile FTSE 100 name cutting dividends, including Marks & Spencer (MKS), and Vodafone (VOD), which cuts its pay out for the first time in almost 20 years. Former FTSE 100 member Royal Mail Group …
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