Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Royal Mail (RMG) shares are trading at 419p with a yield of 3.17% and a PE of 3.25. Royal Mail is known throughout the UK as a ‘universal service’ provider of letters and parcels.
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Comments
wildrides
Sell ……….. the yield is Shite and Amazon will soon deliver everything themselves to your back garden via delivery “drones”
That should be fun “bombs away “ “ oh fuck …. landed in the fish pond “ “ send out the remote submersible recovery drone “J P Spaghetti
Surely they ought to drop the “Royal” prefix now that their deliveries arm is listed. I too participated and flipped the stock and bagged my £250 or whatever it was, despite objecting to the flotation – oh, the guilt!