Three stocks lost 1.69% to 2.25% at 13:04 IST on BSE on turning ex-dividend today, 10 February 2014.
Meanwhile, the S&P BSE Sensex was down 19.16 points or 0.09% at 20,357.40.
Indian Overseas Bank lost 2.25% to Rs 45.60 as the stock turned ex-dividend today, 10 February 2014, for interim dividend of 70 paise per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.5% based on the closing price of Rs 46.65 on Friday, 7 February 2014.
GAIL (India) lost 1.73% to Rs 349.80 as the stock turned ex-dividend today, 10 February 2014, for interim dividend of Rs 4.50 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.26% based on the closing price of Rs 355.95 on Friday, 7 February 2014.
India Nippon Electricals lost 1.69% to Rs 180 as the stock turned ex-dividend today, 10 February 2014, for interim dividend of Rs 4 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.18% based on the closing price of Rs 183.10 on Friday, 7 February 2014.
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