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dividends

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
shepherdess
Posts: 445
Joined: 08 Jul 2009, 16:16
Gender: Female

dividends

Post by shepherdess »

If the company posts profits tommorrow do we get interim dividends or will it be next year for the ful results ?
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: dividends

Post by k979aaa »

Should think it would go into your SIP as you cannot touch them for three years!
A2B
Posts: 2025
Joined: 25 Feb 2009, 19:34
Gender: Male

Re: dividends

Post by A2B »

k979aaa wrote:Should think it would go into your SIP as you cannot touch them for three years!
Is that just your opinion or have you read that somewhere?
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72727
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Re: dividends

Post by TrueBlueTerrier »

Dividends will normally be paid twice a year to shareholders and are a distribution of a portion of the company's profits.

We normally announce dividends at the same time as the annual and half-year results. Dividends are paid on a half-yearly basis. Royal Mail’s financial year end runs to the last Sunday in March each year. For each financial year it is our intention to pay any interim dividend in December or January and any final dividend in July or August subject to shareholder approval at the AGM.

http://www.royalmailgroup.com/investors ... nformation" onclick="window.open(this.href);return false;
How will I receive dividends?
For your Free Shares, any dividend payments will be paid straight into the bank account we pay your salary into. If Equiniti does not have details of your bank account, they will send a cheque to your registered home address.

For any shares you buy under the Employee Priority Offer and hold in your name on the ordinary shareholder register, you can choose which bank account to have your dividends paid into. If you do not give Equiniti details of a bank account, they will send a cheque to your registered home address.

Will I have to pay income tax on any dividends I receive?

Dividends are taxable income. How much income tax you have to pay will depend on your personal tax status. All dividends (whether the shares they relate to are held in the SIP, or held in the Royal Mail Nominee Share Service or in your name on the ordinary shareholder register) are received with the benefit of a tax credit. This means that if you are a basic-rate taxpayer or pay no tax, you will have no further tax to pay on the dividends. Otherwise, you will have to pay extra tax under self-assessment
https://www.esp-portal.com/1/EPortal/rm ... ochure.pdf" onclick="window.open(this.href);return false;
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fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: dividends

Post by fishtank »

If Equiniti does not have details of your bank account,
Wait a mo...
Did I sign something giving a third party my bank details?
good times, bad times you know I've had my share
slave
Posts: 433
Joined: 20 Sep 2007, 21:39
Location: North West

Re: dividends

Post by slave »

So if they pay dividends it goes into your bank account, simples.
fishtank wrote:
If Equiniti does not have details of your bank account,
Wait a mo...
Did I sign something giving a third party my bank details?
No, but if they don't have your bank details to pay in to they pay a cheque to the registered address and if you didn't give them permission for that either then PM me for my address and I'll accept all your dividends. Why oh why are so many people trying to create problems where really none exist, are you a manager?
Roundone
Posts: 21
Joined: 08 Jul 2007, 22:05

Re: dividends

Post by Roundone »

Sorry guys but if you read the report that was released today there are NO DIVIDENDS this year.

"As previously announced, in the absence of unforeseen circumstances, the Directors intend to propose only a final dividend in respect of this financial year, to be paid in July 2014, of £133 million. This amount is approximately two-thirds of the notional full year dividend of £200 million that the Directors believe they would have proposed if the Company had been listed throughout this financial year."

page 3 on the report
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: dividends

Post by arnold cheshire »

Roundone wrote:Sorry guys but if you read the report that was released today there are NO DIVIDENDS this year.

"As previously announced, in the absence of unforeseen circumstances, the Directors intend to propose only a final dividend in respect of this financial year, to be paid in July 2014, of £133 million. This amount is approximately two-thirds of the notional full year dividend of £200 million that the Directors believe they would have proposed if the Company had been listed throughout this financial year."

page 3 on the report
yes how much will we get ? will it be taxed and ni ? or just taxed :thumbup
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72727
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Re: dividends

Post by TrueBlueTerrier »

bringon4dayweeks wrote:
Roundone wrote:Sorry guys but if you read the report that was released today there are NO DIVIDENDS this year.

"As previously announced, in the absence of unforeseen circumstances, the Directors intend to propose only a final dividend in respect of this financial year, to be paid in July 2014, of £133 million. This amount is approximately two-thirds of the notional full year dividend of £200 million that the Directors believe they would have proposed if the Company had been listed throughout this financial year."

page 3 on the report
yes how much will we get ? will it be taxed and ni ? or just taxed :thumbup
taxed and NI'd .

(133,000,000 / number of total shares) * number of shares you hold - I think
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My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
dayjur
Posts: 49
Joined: 06 Oct 2007, 17:17
Gender: Male

Re: dividends

Post by dayjur »

TrueBlueTerrier wrote:
bringon4dayweeks wrote:
Roundone wrote:Sorry guys but if you read the report that was released today there are NO DIVIDENDS this year.

"As previously announced, in the absence of unforeseen circumstances, the Directors intend to propose only a final dividend in respect of this financial year, to be paid in July 2014, of £133 million. This amount is approximately two-thirds of the notional full year dividend of £200 million that the Directors believe they would have proposed if the Company had been listed throughout this financial year."

page 3 on the report
yes how much will we get ? will it be taxed and ni ? or just taxed :thumbup
taxed and NI'd .

(133,000,000 / number of total shares) * number of shares you hold - I think

133,000,000/1,000,000,000 * 600(for full time)= £80
Not sure if they're taxed
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: dividends

Post by arnold cheshire »

dayjur wrote:
TrueBlueTerrier wrote:
bringon4dayweeks wrote:
Roundone wrote:Sorry guys but if you read the report that was released today there are NO DIVIDENDS this year.

"As previously announced, in the absence of unforeseen circumstances, the Directors intend to propose only a final dividend in respect of this financial year, to be paid in July 2014, of £133 million. This amount is approximately two-thirds of the notional full year dividend of £200 million that the Directors believe they would have proposed if the Company had been listed throughout this financial year."

page 3 on the report
yes how much will we get ? will it be taxed and ni ? or just taxed :thumbup
taxed and NI'd .

(133,000,000 / number of total shares) * number of shares you hold - I think
if taxed etc about 50 quid im glad i didnt buy them

133,000,000/1,000,000,000 * 600(for full time)= £80
Not sure if they're taxed
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: dividends

Post by arnold cheshire »

about 50 quid hey super :thumbup
RobertT
EX ROYAL MAIL
Posts: 6692
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: dividends

Post by RobertT »

The dividend is expected to be 13.3p per share according to this article: http://www.hl.co.uk/news/articles/royal ... s-reaction" onclick="window.open(this.href);return false;. So based on a holding of 725 shares as at April 2014, that would make a payment of £96.42 minus any tax and NI that each individual is liable for.
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