Royal Mail Shares

Doshwaster

quaium wrote: »

Sorry, one more question... So say I get 6% dividend from the £750 of shares I have allocated. Does that mean I would get £45 (6% of 750) each month (or is that yearly)? Man this is confusing!

Dividend rates are calculated annually although companies often pay out quarterly or bi-annually. I'm not sure what the RMG schedule is.

A dividend payment of £45 a month on a £750 investment would be quite nice...

StevieJ

Lesson 1 don't use H&L to buy these type of shares in the future, currently impossible to sign into account whereas TD Waterhouse has no such problems.

quaium

Doshwaster wrote: »

Dividend rates are calculated annually although companies often pay out quarterly or bi-annually. I'm not sure what the RMG schedule is.

A dividend payment of £45 a month on a £750 investment would be quite nice...

So it is paid out annually, would that mean £45 for the whole year or £45x12?

NeilB

blinko wrote: »

great post !

Thanks - I was just letting people know in case they were having the same trouble.

bikeman

quaium wrote: »

So it is paid out annually, would that mean £45 for the whole year or £45x12?

6% a month? did you think at all before asking?

MobileSaver

MABLE wrote: »

We only applied for the min amount and unlike some did not want to be too greedy.

What a pathetic judgemental statement to make; I can't believe that came from someone with as many thanks as you.

Congratulations on becoming only the second person ever to make it onto my MSE Ignore List.

Doshwaster

quaium wrote: »

So it is paid out annually, would that mean £45 for the whole year or £45x12?

So you really expect to earn £540 (45 x 12) a year for a £750 investment? Even the Ponzi schemes weren't that good.

quaium

bikeman wrote: »

6% a month? did you think at all before asking?

Yes, I know 6% is a lot but I'm new to this and who knows. It was just a question.

borgman

Hi
anyone know how to sell these shares? I applied thru the official website but there is no info about selling as far as I can see.
thanks
R

Party_Animal

After 2 hours I thought I'd sold the wife's shares online with HL. Went through all the process, agreed sale, yet when I check her account it shows no stock, but the money hasn't been credited and there's no record of the sale. No emails either. Does it take a while to show up?