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Select stocks drop ex-dividend

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Two stocks fell by 0.33% to 1.27% at 10:15 IST on BSE on turning ex-dividend today, 18 February 2014.

Steel Authority of India (Sail) was down 0.33% to Rs 60. The stock turned ex-dividend today, 18 February 2014, for interim dividend of Rs 2.02 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 3.36% based on the closing price of Rs 60.20 on Monday, 17 February 2014.

Manappuram Finance was down 1.27% to Rs 23.25. The stock turned ex-dividend today, 18 February 2014, for interim dividend of Rs 0.45 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.91% based on the closing price of Rs 23.55 on Monday, 17 February 2014.

 

Hikal fell 0.23% to Rs 462. The stock turned ex-dividend today, 18 February 2014, for interim dividend of Rs 2 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.43% based on the closing price of Rs 463.05 on Monday, 17 February 2014.

Ashoka Buildcon was up 3.59% to Rs 59.20. The stock turned ex-dividend today, 18 February 2014, for interim dividend of Rs 0.70 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.22% based on the closing price of Rs 57.15 on Monday, 17 February 2014.

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First Published: Feb 18 2014 | 10:12 AM IST

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