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BIS — Bisalloy Steel News Story

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Australia's Bisalloy Steel Group hits six-month low on trading ex-dividend

BUZZ-Australia's Bisalloy Steel Group hits six-month low on trading ex-dividend

** Shares of Bisalloy Steel BIS.AX fall as much as 5.6% to A$4.040, their lowest level since March 23

** Stock on track to log its steepest intraday pct fall since August 28

** The steelmaker trades ex-dividend

** Co to distribute final dividend of 13 Australian cents per share, as announced during its FY results in August-end

** YTD, stock down 17.4%


(Reporting by Paridhi Minda in Bengaluru)

((Paridhi.minda@thomsonreuters.com;))

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