Select stocks drop ex-dividend

Three stocks lost 0.65% to 3.87% at 13:02 IST on BSE on turning ex-dividend today, 9 September 2014.

Meanwhile, the S&P BSE Sensex was down 96.82 points or 0.35% at 27,223.03.

Lakshmi Mills Company lost 3.87% at Rs 2,689.90 as the stock turned ex-dividend today, 9 September 2014, for dividend of Rs 15 per share for the financial year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.53% based on the closing price of Rs 2,798.10 on Monday, 8 September 2014.

Balmer Lawrie & Company lost 3.67% at Rs 593.25 as the stock turned ex-dividend today, 9 September 2014, for dividend of Rs 18 per share for the financial year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.92% based on the closing price of Rs 615.85 on Monday, 8 September 2014.

Pidilite Industries lost 0.65% at Rs 388. The stock turned ex-dividend today, 9 September 2014, for dividend of Rs 2.70 per share for the financial year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.69% based on the closing price of Rs 390.55 on Monday, 8 September 2014.

Kalyani Forge was locked at 5% upper circuit at Rs 224.75. The stock turned ex-dividend today, 9 September 2014, for final dividend of Rs 2.50 per share for the financial year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of % based on the closing price of Rs on Monday, 8 September 2014.

GMR Infrastructure rose 0.4% at Rs 25.10 as the stock turned ex-dividend today, 9 September 2014, for dividend of Rs 0.10 per share for the financial year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.4% based on the closing price of Rs 25 on Monday, 8 September 2014.

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