Select stocks drop ex-dividend

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Capital Market
Last Updated : Sep 06 2013 | 11:55 PM IST

Seven stocks lost by 0.34% to 4.97% at 10:10 IST on BSE on turning ex-dividend today, 6 September 2013.

Meanwhile, the S&P BSE Sensex was up 17.76 points or 0.09% at 18,997.52.

HEG lost 4.97% to Rs 152 as the stock turned ex-dividend today, 6 September 2013, for dividend of Rs 8 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 5% based on the closing price of Rs 159.95 on Thursday, 5 September 2013.

Tamil Nadu Newsprint & Papers lost 3.96% to Rs 87.40 as the stock turned ex-dividend today, 6 September 2013, for dividend of Rs 5 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 5.49% based on the closing price of Rs 91 on Thursday, 5 September 2013.

India Cements lost 3.74% to Rs 47.60 as the stock turned ex-dividend today, 6 September 2013, for dividend of Rs 2 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 4.04% based on the closing price of Rs 49.45 on Thursday, 5 September 2013.

Coal India lost 3.62% to Rs 273.20 as the stock turned ex-dividend today, 6 September 2013, for final dividend of Rs 4.30 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 1.51% based on the closing price of Rs 283.45 on Thursday, 5 September 2013.

BPCL lost 3.16% to Rs 278.50 as the stock turned ex-dividend today, 6 September 2013, for dividend of Rs 11 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 3.82% based on the closing price of Rs 287.60 on Thursday, 5 September 2013.

Bharat Heavy Electricals (Bhel) lost 1.17% to Rs 135.60 as the stock turned ex-dividend today, 6 September 2013, for final dividend of Rs 3.29 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 2.39% based on the closing price of Rs 137.20 on Thursday, 5 September 2013.

Bharat Electronics lost 0.34% to Rs 1,178 as the stock turned ex-dividend today, 6 September 2013, for final dividend of Rs 16.30 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 1.37% based on the closing price of Rs 1,182.05 on Thursday, 5 September 2013.

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First Published: Sep 06 2013 | 10:09 AM IST

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