Shares of Honeywell Automation India and South Indian Bank dropped by 1.15% to 2.14% at 10:50 IST on BSE after these stocks turned ex-dividend today, 7 July 2015.
Meanwhile, the S&P BSE Sensex was up 64.95 points or 0.23% at 28,273.71.
Honeywell Automation India declined 1.15% to Rs 7,493.90 as the stock turned ex-dividend today, 7 July 2015, for dividend of Rs 12.50 per share for the 15-months ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 0.16% based on the closing price of Rs 7,581.35 on Monday, 6 July 2015.
South Indian Bank shed 2.14% to Rs 25.15 as the stock turned ex-dividend today, 7 July 2015, for dividend of Rs 0.60 per share for the year ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 2.33% based on the closing price of Rs 25.70 on Monday, 6 July 2015.
Sundaram Finance rose 0.67% to Rs 1,568.75. The stock turned ex-dividend today, 7 July 2015, for a final dividend of Rs 6 per share for the year ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 0.38% based on the closing price of Rs 1,558.25 on Monday, 6 July 2015.
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