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Select stocks drop ex-dividend

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Capital Market
Last Updated : Feb 07 2014 | 11:57 PM IST

Four stocks lost 0.7% to 4.63% at 13:08 IST on BSE on turning ex-dividend today, 7 February 2014.

Meanwhile, the S&P BSE Sensex was up 23.47 points or 0.12% at 20,334.21.

Power Finance Corporation (PFC) lost 4.63% to Rs 145.10 as the stock turned ex-dividend today, 7 February 2014, for interim dividend of Rs 8.80 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 5.78% based on the closing price of Rs 152.15 on Thursday, 6 February 2014.

AVT Natural Products lost 3.05% to Rs 22.25 as the stock turned ex-dividend today, 7 February 2014, for interim dividend of 30 paise per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.3% based on the closing price of Rs 22.95 on Thursday, 6 February 2014.

Godrej Consumer Products (GCPL) lost 0.88% to Rs 729.35 as the stock turned ex-dividend today, 7 February 2014, for third interim dividend of Rs 1 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.13% based on the closing price of Rs 735.80 on Thursday, 6 February 2014.

Bharat Heavy Electricals (Bhel) lost 0.7% to Rs 155.60 as the stock turned ex-dividend today, 7 February 2014, for interim dividend of Rs 1.31 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.83% based on the closing price of Rs 156.70 on Thursday, 6 February 2014.

JM Financial rose 3.64% to Rs 25.60. The stock turned ex-dividend today, 7 February 2014, for interim dividend of 45 paise per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.82% based on the closing price of Rs 24.70 on Thursday, 6 February 2014.

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First Published: Feb 07 2014 | 1:12 PM IST

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