Select stocks drop ex-dividend

Seven stocks lost 0.15% to 3.87% at 14:26 IST on BSE on turning ex-dividend today, 21 August 2014.

Meanwhile, the S&P BSE Sensex was up 63.58 points or 0.24% at 26,377.87.

GNFC lost 3.87% at Rs 90.70 as the stock turned ex-dividend today, 21 August 2014, for dividend of Rs 3.50 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 3.7% based on the closing price of Rs 94.35 on Wednesday, 20 August 2014.

Jubilant Life Sciences lost 3.1% at Rs 175 as the stock turned ex-dividend today, 21 August 2014, for dividend of Rs 3 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.66% based on the closing price of Rs 180.60 on Wednesday, 20 August 2014.

Tide Water Oil (India) lost 2.29% at Rs 11,939.95 as the stock turned ex-dividend today, 21 August 2014, for final dividend of Rs 200 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.63% based on the closing price of Rs 12,219.75 on Wednesday, 20 August 2014.

Bharti Airtel lost 0.83% at Rs 370.95 as the stock turned ex-dividend today, 21 August 2014, for total dividend of Rs 3.43 per share. Bharti Airtel had on 13 August 2014 declared an interim dividend of Rs 1.63 per share for the year ending 31 March 2015. Bharti Airtel had on 29 April 2014 declared dividend of Rs 1.80 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.91% based on the closing price of Rs 374.05 on Wednesday, 20 August 2014.

Oberoi Realty lost 0.82% at Rs 240.50 as the stock turned ex-dividend today, 21 August 2014, for dividend of Rs 2 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.82% based on the closing price of Rs 242.50 on Wednesday, 20 August 2014.

MOIL lost 0.64% at Rs 293.80 as the stock turned ex-dividend today, 21 August 2014, for final dividend of Rs 3.50 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.18% based on the closing price of Rs 295.70 on Wednesday, 20 August 2014.

Bharat Forge lost 0.15% at Rs 757.30 as the stock turned ex-dividend today, 21 August 2014, for final dividend of Rs 2.50 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.32% based on the closing price of Rs 758.45 on Wednesday, 20 August 2014.

Dishman Pharmaceuticals and Chemicals rose 2.88% at Rs 146.35. The stock turned ex-dividend today, 21 August 2014, for final dividend of Rs 1.20 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.84% based on the closing price of Rs 142.25 on Wednesday, 20 August 2014.

Neelamalai Agro Industries rose 1.88% at Rs 815. The stock turned ex-dividend today, 21 August 2014, for dividend of Rs 40 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 5% based on the closing price of Rs 800 on Wednesday, 20 August 2014.

Muthoot Finance rose 0.45% at Rs 188.85. The stock turned ex-dividend today, 21 August 2014, for dividend of Rs 4.50 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.39% based on the closing price of Rs 188 on Wednesday, 20 August 2014.

Exide Industries rose 0.12% at Rs 167.60. The stock turned ex-dividend today, 21 August 2014, for interim dividend of Rs 1.50 per share for the year ending 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 0.89% based on the closing price of Rs 167.40 on Wednesday, 20 August 2014.

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