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Long-suffering Royal Mail (RMG) investors were dealt another blow after a trading update knocked the shares down nearly 10% to a record low, continuing a bad run for the UK’s postal operator.
[24] [25] The CWU criticised Royal Mail for "pleading poverty" despite having posted a full-year operating profit of £758 million two months before. [24] On 17 August 2022, CWU announced that members at Royal Mail had voted by 98.7% for further strike days over terms and conditions (adding to the separate dispute over pay) [26] on a 72% ...
On 19 July, Royal Mail workers belonging to the Communication Workers Union voted to take strike action; the stoppage would involve roughly 115,000 staff members. [128] The first of four one day Royal Mail strikes was held on 26 August, with further industrial action planned for 31 August, and 8 and 9 September. [ 129 ]
Royal Mail's industrial disputes include a seven-week strike in 1971 after a dispute over pay and another strike in 1988 due to bonuses being paid to new staff recruited in London and the South East. [94] Royal Mail suffered national wildcat strikes over pay and conditions in 2003. [95]
Net sales went from $31.7 billion in fiscal 2022 (ended April 30) to $32.4 billion in 2024. Net income, however, fell from $5 billion to $3.7 billion over the same period because of higher costs ...
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As is the case with all dividends, if you sell your stock prior to the ex-dividend date, within the due bill period, you relinquish your right to the dividend. The earliest you can sell your stock and still be entitled to the special dividend is the date the stock begins trading on an ex-distribution basis, or generally one day after the ...