Removal of share dividends on British American Tobacco Plc, Hilton Group and Scottish and Southern Energy shares has kept the FTSE 100 index low this morning in early trading.
The FTSE 100 index dropped 7.9 points or 0.2% to 4532 within the first hour of trading, led by British American Tobacco which also fell 26p or 3.1% to 813p. Hotel chain the Hilton Group also lost 5p or 2.2% to 223p as a wealth of shares changed hands without the right to a 5.52p final dividend. Scottish & Southern Energy has also declined 2.5% to 676p after withdrawing the shareholders’ rights to an interim dividend of 11.3p. In Asia, the Japanese Nikkei 225 index finally halted its five-day rally, and closed almost flat. Had it not been for strong interest in Mizuho Bank, the Nikk...
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