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Select stocks drop ex-dividend

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Capital Market
Last Updated : Apr 11 2014 | 12:00 AM IST

Four stocks lost 0.75% to 3.54% at 12:54 IST on BSE on turning ex-dividend today, 10 April 2014.

Meanwhile, the S&P BSE Sensex was up 39.66 points or 0.17% at 22,742.

Foseco India lost 3.54% to Rs 544 as the stock turned ex-dividend today, 10 April 2014, for a special dividend of Rs 12.50 per share and a final dividend of Rs 3 per share for the year ended December 2013. The stock offered a dividend yield of 2.74% based on closing price of Rs 563.95 on Wednesday, 9 April 2014.

Gulf Oil Corporation lost 2.21% to Rs 119.50 as the stock turned ex-dividend today, 10 April 2014, for a special dividend of Rs 0.30 per share and a final dividend of Rs 2.20 per share for the year ended 31 March 2014. The stock offered a dividend yield of 2.04% based on closing price of Rs 122.20 on Wednesday, 9 April 2014.

Honeywell Automation India lost 0.88% to Rs 2,994 as the stock turned ex-dividend today, 10 April 2014, for dividend of Rs 10 per share for the year ended 31 March 2014. The stock offered a dividend yield of 0.33% based on closing price of Rs 3,020.50 on Wednesday, 9 April 2014.

State Bank of Mysore lost 0.75% to Rs 429 as the stock turned ex-dividend today, 10 April 2014, for interim dividend of Rs 3 per share for the year ended 31 March 2014. The stock offered a dividend yield of 0.69% based on closing price of Rs 432.25 on Wednesday, 9 April 2014.

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First Published: Apr 10 2014 | 12:58 PM IST

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