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Select stocks drop ex-dividend

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Capital Market
Last Updated : Sep 04 2013 | 11:55 PM IST

Three stocks lost by 1.63% to 5.13% at 11:08 IST on BSE on turning ex-dividend today, 4 September 2013.

Meanwhile, the S&P BSE Sensex was up 366.37 points or 2.01% at 18,601.03.

SJVN lost 5.13% at Rs 18.50 as the stock turned ex-dividend today, 4 September 2013, for a dividend of 96 paise per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 4.92% based on the closing price of Rs 19.50 on Tuesday, 3 September 2013.

Kothari Products lost 4.66% at Rs 342 as the stock turned ex-dividend today, 4 September 2013, for a dividend of Rs 20 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 5.57% based on the closing price of Rs 358.70 on Tuesday, 3 September 2013.

Jindal Drilling & Industries lost 1.63% at Rs 145.15 as the stock turned ex-dividend today, 4 September 2013, for a dividend of 50 paise per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 0.33% based on the closing price of Rs 147.55 on Tuesday, 3 September 2013.

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First Published: Sep 04 2013 | 11:07 AM IST

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