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Select stocks drop ex-dividend

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Capital Market

Three stocks lost 1.03% to 6.64% at 13:08 IST on BSE on turning ex-dividend today, 5 May 2014.

Indiabulls Securities lost 6.64% to Rs 21.10 as the stock turned ex-dividend today, 5 May 2014, for interim dividend of Rs 1 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 4.42% to settle at Rs 22.60 on Friday, 2 May 2014.

Bata India lost 2.13% to Rs 1001.25 as the stock turned ex-dividend today, 5 May 2014, for dividend of Rs 6.50 per share for the year ending 31 December 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.63% to settle at Rs 1,023 on Friday, 2 May 2014.

 

Stovec Industries lost 1.03% to Rs 502 as the stock turned ex-dividend today, 5 May 2014, for final dividend of Rs 15 per share for the year financial year ended 31 December 2013. Before turning ex-dividend, the stock offered a dividend yield of 2.95% to settle at Rs 507.20 on Friday, 2 May 2014.

Gruh Finance rose 0.42% to Rs 332.65. The stock turned ex-dividend today, 5 May 2014, for dividend of Rs 3 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.9% to settle at Rs 331.25 on Friday, 2 May 2014.

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First Published: May 05 2014 | 1:09 PM IST

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