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PPM — Pepper Money News Story

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Australia's Pepper Money falls most in over 5 months on trading ex-dividend

BUZZ-Australia's Pepper Money falls most in over 5 months on trading ex-dividend

** Shares of Pepper Money PPM.AX fall as much as 6.8% to A$1.845, its biggest intraday pct decline since March 25

** Stock hits its lowest level since August 21

** Non-banking lender trades ex-dividend; had announced an interim dividend of 7.2 Australian cents per share on August 20

** YTD, stock down 13.2%


(Reporting by Tejas Harish in Bengaluru)

((tejas.harish@thomsonreuters.com;))

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