(Bloomberg) -- Japanese stocks fell, paced by
utility producers and railway companies, as rising bond yields
reduced the appeal of their dividend payouts.
Tokyo Electric Power Co., Japan's biggest utility company,
declined 1.3 percent. Utility, railway and information companies
climbed toward the end of last fiscal year because their
dividends are high relative to those paid by other companies.
Read more at Bloomberg Stocks News
utility producers and railway companies, as rising bond yields
reduced the appeal of their dividend payouts.
Tokyo Electric Power Co., Japan's biggest utility company,
declined 1.3 percent. Utility, railway and information companies
climbed toward the end of last fiscal year because their
dividends are high relative to those paid by other companies.
Read more at Bloomberg Stocks News
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