Before the Bell-National City shares fall on dividend cut

NEW YORK, Jan 2 (Reuters) - Shares of National City NCC.N fell 2.8 percent before the opening bell on Wednesday, after it said it reduced its quarterly dividend by 49 percent. For story, see [ID:nWNAS5454]

Shares fell to $16 in pre-market trade from a close of $16.46 on the New York Stock Exchange. (Reporting by Kristina Cooke; Editing by Theodore d'Afflisio)