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Select stocks drop ex-dividend

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Capital Market

Three stocks lost 0.35% to 2.95% at 13:03 IST on BSE on turning ex-dividend today, 25 February 2014.

Meanwhile, the S&P BSE Sensex was up 4.69 points or 0.02% at 20,816.13.

MPS lost 2.95% to Rs 318.90 as the stock turned ex-dividend today, 25 February 2014, for third interim dividend of Rs 7 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.13% based on the closing price of Rs 328.60 on Monday, 24 February 2014.

Igarashi Motors lost 1.13% to Rs 117.75 as the stock turned ex-dividend today, 25 February 2014, for interim dividend of Re 1 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.84% based on the closing price of Rs 119.10 on Monday, 24 February 2014.

 

Infinite Computer Solutions (India) lost 0.35% to Rs 126.50 as the stock turned ex-dividend today, 25 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 1.57% based on the closing price of Rs 126.95 on Monday, 24 February 2014.

Hi-Tech Gears rose 0.67% to Rs 75.50. The stock turned ex-dividend today, 25 February 2014, for 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 1.33% based on the closing price of Rs 75 on Monday, 24 February 2014.

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First Published: Feb 25 2014 | 1:02 PM IST

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