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Market report: Royal Mail ups dividend as letter volumes remain under pressure featured picture

Market report: Royal Mail ups dividend as letter volumes remain under pressure

Former state-owned postal service Royal Mail (RMG) reports a 6% fall in annual adjusted profit on Thursday. It also warns that continuing declines in letter volumes this year would be at the high end of a previous estimate if business uncertainty persists. But it does up its full year dividend payment 4% to 23p per share, soothing investor concerns. The shares rally 3.3% to 445p, heading the FTSE ...
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