How is my royal mail dividend paid by equiniti

A question about dividend payments!

Royal Mail's dividend is paid to its shareholders through a process managed by Equiniti, a leading provider of share registration and dividend payment services. Here's an overview of how it works:

  1. Dividend declaration: Royal Mail's Board of Directors declares a dividend payment to its shareholders. The dividend amount, payment date, and record date are announced publicly.
  2. Record date: The record date is the date by which shareholders must be registered on the company's register to receive the dividend. This date is usually a few days before the dividend payment date.
  3. Dividend payment: On the dividend payment date, Equiniti processes the dividend payments to eligible shareholders. The payment is made in the form of cash or, in some cases, additional shares (known as scrip dividend).
  4. Payment methods: Shareholders can choose how they want to receive their dividend payment. Options may include:
    • Cash: A direct payment into their bank account.
    • Dividend Reinvestment Plan (DRIP): The dividend is used to purchase additional Royal Mail shares.
    • Scrip dividend: The dividend is paid in the form of additional Royal Mail shares.
  5. Equiniti's role: Equiniti acts as the dividend payment agent for Royal Mail. They are responsible for:
    • Processing dividend payments to eligible shareholders.
    • Sending dividend cheques or direct crediting bank accounts.
    • Managing the DRIP and scrip dividend options.
    • Providing shareholder information and support.
  6. Shareholder communication: Shareholders receive communication from Equiniti regarding their dividend payment, including details of the payment date, amount, and any changes to their dividend payment options.

To ensure you receive your Royal Mail dividend, make sure you're registered as a shareholder and have provided your bank account details (if you've opted for a cash payment). If you have any questions or concerns about your dividend payment, you can contact Equiniti's shareholder services team.