Why these 4 shares are getting CRUSHED today

It has been a fairly uninspiring day for investors today with the S&P/ASX 200 (Index: ^AXJO) (ASX:XJO) drifting 0.17% lower to 5,751 points.

The mining and utilities sectors have been the worst performers today, although most sectors are struggling to post any decent gains.

A number of shares are getting punished heavily today, including:

Mayne Pharma Group Ltd (ASX: MYX)

The Mayne Pharma share price started the day in negative territory and news that a director has offloaded 600,000 shares certainly hasn’t helped the situation. Despite reporting a strong first-half result, the market remains extremely nervous about the pending lawsuit filed against the company for allegedly being involved in anti-competitive behaviour. In mid-afternoon trading, Mayne Pharma shares have fallen 3.3% to $1.31.

Shine Corporate Ltd (ASX: SHJ)

The Shine Corporate share price has fallen another 4% today following the news that the NSW government will crack-down on fraudulent third-party insurance claims. This area has been a big money-spinner for legal firms over the past few years and the reforms are likely to have a negative impact on future claims. Shine Corporate shares have now fallen more than 61% from their 52-week highs.

RXP Services Ltd (ASX: RXP)

The RXP Services share price has fallen 7.5% today, despite the absence of any news from the company. In fact, the IT services company has not released any news since announcing a 35% increase in first-half earnings per share (EPS) and confirming it remains on track to deliver at the top end of its FY17 revenue guidance. Perplexingly, the shares have now lost more than 22% of their value since the result and certainly warrant a closer look at current levels.

iSentia Group Ltd (ASX: ISD)

The iSentia share price has dropped 3.3% today after its shares went ex-dividend. As highlighted here, the shares have been on a wild ride over the past couple of weeks after the media monitoring company announced a hefty profit downgrade. A number of other popular shares are trading ex-dividend today, including Healthscope Ltd (ASX: HSO), Brambles Limited (ASX: BXB), Corporate Travel Management Ltd (ASX: CTD) and IOOF Holdings Limited (ASX: ILF).

A Big, Fat, Fully Franked Dividend

This company's dividend is almost the stuff of legends. Since it started paying dividends in 2007, it has increased its payout to shareholders every single year, a run that includes 21 consecutive dividend increases.

Based on the last 12-months of dividends, its shares are currently offering a fully-franked 4.8% yield, which grosses up to almost 7% when those franking credits are included. And in stark contrast to the likes of Commonwealth Bank and Telstra, this company just increased its dividend by over 13%, and guided for 2017 profits to grow by 20%!

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Motley Fool contributor Christopher Georges owns shares of Mayne Pharma Group Limited and SHINE CORP FPO. The Motley Fool Australia owns shares of Corporate Travel Management Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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