Royal Mail Plc (OTCMKTS:ROYMY - Get Free Report)'s stock price 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 changing hands.
Royal Mail Stock Performance
The business has a 50-day moving average price of $8.55 and a 200 day moving average price of $8.97.
Royal Mail Increases Dividend
The firm also recently announced a dividend, which was paid on Thursday, May 29th. Stockholders of record on Tuesday, May 13th were issued a $0.1817 dividend. The ex-dividend date was Monday, May 12th. This represents a dividend yield of 2.5%. This is a positive change from Royal Mail's previous dividend of $0.04.
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.
Further Reading
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