Australia's Reef Casino Trust falls into ex-dividend trade

Reef Casino Trust

28/12/2023 04:18

** Shares of Reef Casino Trust  RCT.AX  fall as much as 6.1%
to A$3.210, their biggest intraday pct fall since Nov. 14, if
losses hold
    ** Stock at its lowest since Dec. 5
    ** Real estate rental co declared on Dec. 10 dividend of
12.25 AU cents per unit for the six months ended Dec. 31, lower
than 22.37 AU cents in the previous year
    ** Co had said it would trade ex-dividend on Dec. 28
    ** About 15,800 shares change hands, compared with the
30-day average volume of 4,668 shares
    ** Stock has risen 12.5% this year, as of last close

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))