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Select stocks drop ex-dividend

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Capital Market

Two stocks lost 2.18% to 5% at 15:16 IST on BSE on turning ex-dividend today, 8 September 2014.

Meanwhile, the S&P BSE Sensex was up 279.22 points or 1.03% at 27,305.92.

Procter & Gamble Hygiene & Healthcare lost 2.18% at Rs 5,065 as the stock turned ex-dividend today, 8 September 2014, for dividend of Rs 27.50 per share for the year ended 30 June 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.53% based on the closing price of Rs 5,177.90 on Friday, 5 September 2014.

KSE was locked at 5% lower circuit at Rs 400 as the stock turned ex-dividend today, 8 September 2014, for dividend of Rs 20 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 4.75% based on the closing price of Rs 421.05 on Friday, 5 September 2014.

 

Bharat Heavy Electricals (Bhel) rose 0.34% at Rs 224.35. The stock turned ex-dividend today, 8 September 2014, for final dividend of Rs 1.52 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.67% based on the closing price of Rs 223.60 on Friday, 5 September 2014.

Hindalco Industries rose 3.31% at Rs 173.30. The stock turned ex-dividend today, 8 September 2014, for dividend of Rs 1 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.59% based on the closing price of Rs 167.75 on Friday, 5 September 2014.

Finolex Industries rose 1.66% at Rs 309.05. The stock turned ex-dividend today, 8 September 2014, for dividend of Rs 7 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.3% based on the closing price of Rs 304 on Friday, 5 September 2014.

Supreme Industries rose 2.35% at Rs 654.50. The stock turned ex-dividend today, 8 September 2014, for final dividend of Rs 6 per share for the year ended 30 June 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.93% based on the closing price of Rs 639.50 on Friday, 5 September 2014.

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First Published: Sep 08 2014 | 3:13 PM IST

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