Royal Mail Plc (OTCMKTS:ROYMY - Get Free Report)'s share price gapped down prior to trading 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 traded.
Royal Mail Price Performance
The stock has a 50 day simple moving average of $8.54 and a 200 day simple moving average of $8.96.
Royal Mail Increases Dividend
The business also recently announced a dividend, which was paid on Thursday, May 29th. Shareholders of record on Tuesday, May 13th were issued a $0.1817 dividend. This represents a yield of 2.5%. This is an increase from Royal Mail's previous dividend of $0.04. The ex-dividend date 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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