Vijaya Bank slips ex-dividend

Meanwhile, the S&P BSE Sensex was up 36.22 points, or 0.19%, to 18,755.51.

On BSE, 95,000 shares were traded in the counter as against an average daily volume of 1.99 lakh shares in the past one quarter.

The stock hit a high of Rs 48 and a low of Rs 47.10 so far during the day. The stock had hit a 52-week high of Rs 67.10 on 9 January 2013. The stock had hit a 52-week low of Rs 45.80 on 28 March 2013.

The stock had underperformed the market over the past one month till 20 June 2013, sliding 7.88% compared with the Sensex's 7.44% fall. The scrip had, however, outperformed the market in past one quarter, rising 4.36% as against Sensex's 0.87% fall.

The small-cap company has an equity capital of Rs 495.54 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 4.97% based on the closing price of Rs 50.30 on Thursday, 20 June 2013.

Vijaya Bank's net profit rose 23.9% to Rs 224.15 crore on 17% growth in operating income to Rs 2680.20 crore in Q4 March 2013 over Q4 March 2012.

The Government of India (GoI) owned 55.02% stake in Vijaya Bank as per the shareholding pattern as on 31 March 2013.

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