Select stocks tumble ex-dividend

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Capital Market
Last Updated : Jun 20 2013 | 11:30 AM IST

Dena Bank tumbled 6.89% to Rs 80.45 as the stock turned ex-dividend today, 20 June 2013, for dividend of Rs 4.70 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 5.44% based on the closing price of Rs 86.40 on Wednesday, 19 June 2013.

Bank of India fell 4.53% to Rs 267.55 as the stock turned ex-dividend today, 20 June 2013, for dividend of Rs 10 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 3.57% based on the closing price of Rs 280.25 on Wednesday, 19 June 2013.

Union Bank of India fell 4.42% to Rs 207.70 as the stock turned ex-dividend today, 20 June 2013, for dividend of Rs 8 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 3.68% based on the closing price of Rs 217.30 on Wednesday, 19 June 2013.

Indian Overseas Bank dropped 3.91% to Rs 56.50 as the stock turned ex-dividend today, 20 June 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 3.40% based on the closing price of Rs 58.80 on Wednesday, 19 June 2013.

Bharti Infratel declined 3.57% to Rs 148.75 as the stock turned ex-dividend today, 20 June 2013, for final dividend of Rs 3 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 1.94% based on the closing price of Rs 154.25 on Wednesday, 19 June 2013.

Central Bank of India dropped 3.08% to Rs 64.60 as the stock turned ex-dividend today, 20 June 2013, for final dividend of Rs 2.50 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 3.75% based on the closing price of Rs 66.65 on Wednesday, 19 June 2013.

Petronet LNG declined 2.67% to Rs 126 as the stock turned ex-dividend today, 20 June 2013, for dividend of Rs 2.50 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 1.93% based on the closing price of Rs 129.45 on Wednesday, 19 June 2013.

NIIT Technologies declined 2.20% to Rs 273.80 as the stock turned ex-dividend today, 20 June 2013, for dividend of Rs 8.50 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 3.04% based on the closing price of Rs 279.95 on Wednesday, 19 June 2013.

Havells India shed 0.90% to Rs 751.65 as the stock turned ex-dividend today, 20 June 2013, for dividend of Rs 7.50 per share for the year ended 31 March 2013. Before turning ex-dividend, the stock offered a dividend yield of 0.99% based on the closing price of Rs 758.50 on Wednesday, 19 June 2013.

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First Published: Jun 20 2013 | 10:35 AM IST

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