How often does royal mail pay dividends
Royal Mail, the UK's postal service, has a history of paying dividends to its shareholders, but the frequency and amount of dividend payments can vary from year to year.
Historically, Royal Mail has paid dividends annually, with the dividend payment typically made in June or July of each year. However, in recent years, the company has not always paid a dividend.
Here's a breakdown of Royal Mail's dividend payments over the past few years:
- 2013: Royal Mail went public with an initial public offering (IPO) in October 2013. The company paid a dividend of 2.5p per share in June 2014.
- 2014: Royal Mail paid a dividend of 3.5p per share in June 2015.
- 2015: Royal Mail paid a dividend of 4.2p per share in June 2016.
- 2016: Royal Mail paid a dividend of 4.5p per share in June 2017.
- 2017: Royal Mail paid a dividend of 5.1p per share in June 2018.
- 2018: Royal Mail paid a dividend of 5.5p per share in June 2019.
- 2019: Royal Mail paid a dividend of 6.1p per share in June 2020.
- 2020: Royal Mail did not pay a dividend due to the impact of the COVID-19 pandemic on its business.
- 2021: Royal Mail paid a dividend of 2.5p per share in June 2022.
It's worth noting that Royal Mail's dividend policy is reviewed annually by its board of directors, and the company may adjust its dividend payments based on its financial performance and other factors.