Cairn India, Greenply Industries, Karnataka Bank and MBL Infrastructures dropped 0.35% to 4.06% at 9:50 IST on BSE after these stocks turned ex-dividend today, 8 July 2015.
Meanwhile, the S&P BSE Sensex was down 256.18 points or 0.91% at 27,915.51.
Cairn India declined 4.06% to Rs 172.30 as the stock turned ex-dividend today, 8 July 2015, for a final dividend of Rs 4 per share for the year ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 2.22% based on the closing price of Rs 179.60 on Tuesday, 7 July 2015.
Greenply Industries shed 0.61% to Rs 834.90 as the stock turned ex-dividend today, 8 July 2015, for a dividend of Rs 3 per share for the year ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 0.35% based on the closing price of Rs 840 on Tuesday, 7 July 2015.
Karnataka Bank lost 3.62% to Rs 149.25 as the stock turned ex-dividend today, 8 July 2015, for a dividend of Rs 5 per share for the year ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 3.22% based on the closing price of Rs 154.85 on Tuesday, 7 July 2015.
MBL Infrastructures declined 0.35% to Rs 575 as the stock turned ex-dividend today, 8 July 2015, for a final dividend of Rs 3 per share for the year ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 0.51% based on the closing price of Rs 577.25 on Tuesday, 7 July 2015.
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