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RMC — Resimac News Story

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Australia's Resimac logs steepest intraday drop in nearly six months on ex-dividend trade

BUZZ-Australia's Resimac logs steepest intraday drop in nearly six months on ex-dividend trade

** Shares of Australia's Resimac RMC.AX drop as much as 11.2% to A$0.830, their biggest intraday drop since March 6

** Stock set for its third consecutive session of losses, if trend holds

** Non-bank lender trades ex-dividend; distributes final dividend of A$0.06 per share

** RMC down 5.4% YTD


(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))

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