Royal Mail Plc (OTCMKTS:ROYMY - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $8.39, but opened at $7.25. Royal Mail shares last traded at $8.37, with a volume of 257 shares.
Royal Mail Stock Down 0.2%
The company's fifty day moving average is $8.68 and its 200 day moving average is $9.02.
Royal Mail Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, May 29th. Stockholders of record on Tuesday, May 13th were issued a $0.1817 dividend. This is a positive change from Royal Mail's previous dividend of $0.04. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, May 12th.
Royal Mail Company Profile
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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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