Australia's IOOF Holdings falls, trades ex-div

Rectifier Technologies

12/09/2019 01:35

** Shares of IOOF Holdings Ltd  IFL.AX  fall as much as 3.5% to
A$5.73, their biggest percentage loss since Aug 26
** Shares of the investment manager trade ex-dividend
** Stock falls up to 21 Australian cents from its last close,
more than the final dividend of 12 cents per share the company
had announced on Aug 26
** Stock has a dividend yield of 9.02%, compared with NIB
Holdings Ltd's  NHF.AX  4.5% and Medibank Private Ltd's  MPL.AX 
5.5%



 (Reporting by Shruti Sonal in Bengaluru)
 ((Shruti.Sonal@thomsonreuters.com;))