The Board has recommended a final dividend of 16.3 pence per share. This means eligible full-time employees with the maximum allocation of 913 Free Shares will receive around £148.80 as a final dividend payment, subject to shareholder approval on 19 July 2018.
In total, they will have received more than £863 (before tax) in dividends since privatisation*.
Eligible part-time employees will receive a dividend based on their pro-rata allocation of Free Shares.
For more information on dividends and tax, click here
.Dividend Reinvestment Plan (DRIP)
If you have bought Royal Mail shares in your own right, you may have chosen to participate in the DRIP. For more information about the DRIP click here
Important note: Companies do not have to pay dividends. Our Board decides the dividend policy for the company and how much to pay out as dividends. This will depend on many things, including our company's performance and future investment plans. If a dividend is declared, the Board would expect to pay an interim dividend each year equal to approximately one-third of the prior year’s total dividend and to set the final dividend for each year in light of the Group’s full year performance.
*Up until 10 January 2018, eligible full-time employees with the maximum allocation of 913 Free Shares have received more than £714 in dividends (before tax) since privatisation, and will receive around £148.80, subject to shareholder approval on 19 July 2018.