 "Clariant Chemicals turns ex-dividend today; stock slips 16%")
Shares of Clariant Chemicals (India) have slipped 16% to Rs 966 on BSE after the stock turned ex-dividend today.
The board of directors of specialty chemicals maker at its meeting held on January 12, 2015, had declared interim dividend of Rs 140 per share to the shareholders of the company for financial year 2015.
The board has approved January 20, 2015 as record date for the purpose of payment of interim dividend and such dividend will be paid on or after January 21, 2015, Clariant Chemicals said in a statement.
The stock opened at Rs 986 and hit a low of Rs 958 on BSE. A combined 70,629 shares changed hands on the counter till 1149 hours on BSE and NSE.
The board of directors of specialty chemicals maker at its meeting held on January 12, 2015, had declared interim dividend of Rs 140 per share to the shareholders of the company for financial year 2015.
The board has approved January 20, 2015 as record date for the purpose of payment of interim dividend and such dividend will be paid on or after January 21, 2015, Clariant Chemicals said in a statement.
The stock opened at Rs 986 and hit a low of Rs 958 on BSE. A combined 70,629 shares changed hands on the counter till 1149 hours on BSE and NSE.