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Tag Archives: Stocks

Royal Mail Axes Dividend for This Year

Royal Mail (RMG) has dealt a blow to embattled income investors by suspending its dividend for this financial year as it restructures in the wake of the coronavirus crisis. Announcing the loss of 2,000 management jobs alongside its annual results, the listed postal operator said it will not pay a …

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Royal Mail (LON:RMG) Sets New 12-Month Low at $166.30

Royal Mail PLC (LON:RMG)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 166.30 ($2.19) and last traded at GBX 167.50 ($2.20), with a volume of 4178281 shares changing hands. The stock had previously closed at GBX 172 ($2.26). …

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