Yancoal and Inghams Plunge as Shares Trade Ex-Dividend

Thu 13 Mar 25, 03:22 AM | Team Kalkine

Image source: Shutterstock

Shares of Yancoal Australia Ltd (ASX:YAL) and Inghams Group Ltd (ASX:ING) tumbled sharply on Thursday as both companies traded ex-dividend, making them the two biggest losers on the S&P/ASX 200 Index.

Yancoal’s stock plunged 11.9% to AU$5.33, hitting its lowest level since September 2024 and logging its worst session since 20 August 2024. Meanwhile, Inghams fell 6.4% to AU$3.08, on track for its weakest day since 23 August 2024.

The steep declines come as investors adjust for dividend payouts. Yancoal is paying 52 Australian cents per share, while Inghams is distributing 11 cents per share.

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