Shares of Royal Mail Plc (OTCMKTS:ROYMY - Get Free Report) gapped down before the market opened 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 Price Performance
The company's 50-day moving average price is $8.68 and its two-hundred day moving average price is $9.02.
Royal Mail Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, May 29th. Investors 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 yield of 2.5%. The ex-dividend date of this dividend was Monday, May 12th.
About Royal Mail
(
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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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