Australia's Reliance Worldwide falls, stock trades ex-div

Rectifier Technologies

10/09/2019 02:15

** Shares of Reliance Worldwide Corp  RWC.AX  fall as much
as 1.8% to A$3.84, their lowest since Sept 4
    ** The plumbing service provider stock trades ex-dividend
    ** Shares fall up to 7 Australian cents from its last close,
more than the final dividend of 5 cents per share the company
had announced on Aug 27  urn:newsml:reuters.com:*:nASX9MhHHH
    ** Stock has a dividend yield of 3.3%, compared with
Adelaide Brighton's 9.2%  ABC.AX  and CSR Ltd's  CSR.AX  8.9%

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