Select stocks drop ex-dividend

Four stocks lost by 0.59% to 3.79% at 10:27 IST on BSE on turning ex-dividend today, 5 November 2013.

Meanwhile, the S&P BSE Sensex was down 209.23 points or 0.99% at 21,030.13.

Muthoot Finance lost 3.79% to Rs 102.70 as the stock turned ex-dividend today, 5 November 2013, for interim dividend of Rs 3 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.81% based on the closing price of Rs 106.75 on Sunday, 3 November 2013.

Exide Industries lost 1.86% to Rs 124 as the stock turned ex-dividend today, 5 November 2013, for interim dividend of Rs 1.10 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.87% based on the closing price of Rs 126.35 on Sunday, 3 November 2013.

Dabur India lost 1.01% to Rs 176.15 as the stock turned ex-dividend today, 5 November 2013, for interim dividend of 75 paise per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.42% based on the closing price of Rs 177.95 on Sunday, 3 November 2013.

MRF lost 0.59% to Rs 16,004.85 as the stock turned ex-dividend today, 5 November 2013, for second interim dividend of Rs 3 per share for the year ended 30 September 2013. Before turning ex-dividend, the stock offered a dividend yield of 0.01% based on the closing price of Rs 16,099.60 on Sunday, 3 November 2013.

Mastek rose 0.7% to Rs 152. The stock turned ex-dividend today, 5 November 2013, for interim dividend of Rs 1.75 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.15% based on the closing price of Rs 150.95 on Sunday, 3 November 2013.

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