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Two stocks slip ex-dividend

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Capital Market

Shares of Vidhi Dyestuffs Manufacturing and Manappuram Finance lost 1.13% to 1.32% at 14:37 IST on BSE, as these stocks turned ex-dividend today, 24 November 2015.

Vidhi Dyestuffs Manufacturing (down 1.13% at Rs 65.75) and Manappuram Finance (down 1.32% at Rs 22.35) edged lower.

Meanwhile, the S&P BSE Sensex was down 63.96 points or 0.25% at 25,755.38.

Shares of Vidhi Dyestuffs Manufacturing turned ex-dividend today, 24 November 2015, for interim dividend of 20 paise per share for the year ending 31 March 2016. Before turning ex-dividend, the stock offered a dividend yield of 0.3% based on the closing price of Rs 66.50 on BSE yesterday, 23 November 2015.

 

Shares of Manappuram Finance turned ex-dividend today, 24 November 2015, for interim dividend of 45 paise per share for the year ending 31 March 2016. Before turning ex-dividend, the stock offered a dividend yield of 1.98% based on the closing price of Rs 22.65 on BSE yesterday, 23 November 2015.

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First Published: Nov 24 2015 | 2:37 PM IST

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