Select stocks drop ex-dividend

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Capital Market
Last Updated : Feb 20 2014 | 11:55 PM IST

Three stocks fell by 3.03% to 4.91% at 10:51 IST on BSE on turning ex-dividend today, 20 February 2014.

The S&P BSE Sensex was down 85.18 points, or 0.41% at 20,637.79.

Hexaware Technologies was down 4.91% at Rs 153. The stock turned ex-dividend today, 20 February 2014, for interim dividend of Rs 7.50 per share for the year ended 31 December 2013. Before turning ex-dividend, the stock offered a dividend yield of 4.66% based on the closing price of Rs 160.90 on Wednesday, 19 February 2014.

Rural Electrification Corporation (REC) was down 3.76% at Rs 186.70. The stock turned ex-dividend today, 20 February 2014, for interim dividend of Rs 7.75 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 3.99% based on the closing price of Rs 194 on Wednesday, 19 February 2014.

Bajaj Corp was down 3.03% at Rs 206.70. The stock turned ex-dividend today, 20 February 2014, for interim dividend of Rs 6.50 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 3.05% based on the closing price of Rs 213.15 on Wednesday, 19 February 2014.

Financial Technologies (India) was up 2.39% at Rs 334. The stock turned ex-dividend today, 20 February 2014, for third interim dividend of Rs 2 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.61% based on the closing price of Rs 326.20 on Wednesday, 19 February 2014.

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First Published: Feb 20 2014 | 10:47 AM IST

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