Select stocks drop ex-dividend

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Capital Market
Last Updated : Sep 23 2013 | 11:55 PM IST

Three stocks lost by 0.5% to 4.38% at 10:33 IST on BSE on turning ex-dividend today, 23 September 2013.

Meanwhile, the S&P BSE Sensex was down 227.67 points or 1.12% at 20,036.04.

REI Agro lost 4.38% to Rs 8.08 as the stock turned ex-dividend today, 23 September 2013, for final dividend of 50 paise per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 5.91% based on the closing price of Rs 8.45 on Friday, 20 September 2013.

Jindal Saw lost 2.87% to Rs 47.30 as the stock turned ex-dividend today, 23 September 2013, for dividend of Re 1 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 2.05% based on the closing price of Rs 48.70 on Friday, 20 September 2013.

SMS Pharmaceuticals lost 0.5% at Rs 178 as the stock turned ex-dividend today, 23 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 1.11% based on the closing price of Rs 178.90 on Friday, 20 September 2013.

D S Kulkarni Developers was flat at Rs 53.45. The stock turned ex-dividend today, 23 September 2013, for final dividend of Re 1 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 1.87% based on the closing price of Rs 53.45 on Friday, 20 September 2013.

V-Mart Retail rose 2.02% to Rs 199.95. The stock turned ex-dividend today, 23 September 2013, for dividend of Re 1 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 0.5% based on the closing price of Rs 199.95 on Friday, 20 September 2013.

Venus Remedies rose 1.65% to Rs 203.05. The stock turned ex-dividend today, 23 September 2013, for dividend of Rs 3 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 1.5% based on the closing price of Rs 199.75 on Friday, 20 September 2013.

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First Published: Sep 23 2013 | 10:31 AM IST

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