Monday, 16 April 2012

NCB down 4%, goes ex-dividend on Monday

KUALA LUMPUR (April 16) : NCB HOLDINGS BHD [] fell as much as 4% in intraday trade as investors sold the shares of the port operator before the stock goes ex-dividend on Monday.

The stock was down 16 sen to an intraday low of RM3.88 before trading higher at RM3.89 at noon.

NCB is rewarding shareholders with a single-tier final dividend of 10 sen a share for financial year ended December 31, 2011.



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