To sell, or not to sell.. royail mail shares on monday

techno12

typistretired wrote: »

If you hold on to your shares you can expect to receive a dividend worth around £45 a year, rising year by year

True, but I'd hope to beat that by actively trading other shares in my S&S ISA.

It's a decent return if you do hold onto them though..

jrawle

Doshwaster wrote: »

If you do this then it would make sense to hold the shares in a S&S ISA so you don't pay tax on the dividends.

Only if you are a higher rate taxpayer. Basic rate tax is deemed already paid on dividends and there's no way to reclaim this.

Doshwaster

jrawle wrote: »

Only if you are a higher rate taxpayer. Basic rate tax is deemed already paid on dividends and there's no way to reclaim this.

Fair point.