Royal Mail (OTCMKTS:ROYMY) Stock Price Down 0.2% - Here's What Happened

Royal Mail Plc (OTCMKTS:ROYMY - Get Free Report)'s share price was down 0.2% during mid-day trading on Friday . The company traded as low as $7.25 and last traded at $8.37. Approximately 257 shares changed hands during mid-day trading, an increase of 43% from the average daily volume of 180 shares. The stock had previously closed at $8.39.

Royal Mail Price Performance

The stock has a 50-day moving average of $8.68 and a 200-day moving average of $9.02.

Royal Mail Increases Dividend

The firm also recently disclosed 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 of this dividend was Monday, May 12th. This is an increase from Royal Mail's previous dividend of $0.04. This represents a dividend yield of 2.5%.

Royal Mail Company Profile

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.