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Select stocks drop ex-dividend

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Capital Market
Last Updated : Jun 19 2014 | 12:01 AM IST

Shares of CESC and Nakoda lost 0.1% and 2.55% at 14:04 IST on BSE on turning ex-dividend today, 18 June 2014.

Nakoda (down 2.55% at Rs 9.93) and CESC (down 0.1% at Rs 621.85) edged lower.

Meanwhile, the S&P BSE Sensex was down 262.88 points or 1.03% at 25,258.31.

Nakoda lost 2.55% at Rs 9.93 as the stock turned ex-dividend today, 18 June 2014, for final dividend of Rs 0.30 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.94% based on the closing price of Rs 10.19 on Tuesday, 17 June 2014.

CESC lost 0.1% at Rs 621.85 as the stock turned ex-dividend today, 18 June 2014, for dividend of Rs 8 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.28% based on the closing price of Rs 622.45 on Tuesday, 17 June 2014.

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First Published: Jun 18 2014 | 2:05 PM IST

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