HUL falls 2% as stock turns ex-dividend
The board had recommended a final dividend of Rs 6/- for the financial year ended March 31, 2013 on equity shares of Re 1/- each.
Hindustan Unilever (HUL) is trading lower by 2% at Rs 593 after the stock turning ex-dividend today.
The fast moving consumer goods company (FMCG) said that the register of members and share transfer books of the company will remain closed from July 12, 2013 to July 26, 2013 (both days inclusive) for the purpose of payment of final dividend.
The board of directors of the company at its meeting held on April 29, 2013, had recommended a final dividend of Rs 6/- for the financial year ended March 31, 2013 on equity shares of Re 1/- each.
The stock opened at Rs 601 and hit a low of Rs 592 on NSE. A combined 2.37 million shares have changed hands on the counter till 1320 hours on NSE and BSE.
The fast moving consumer goods company (FMCG) said that the register of members and share transfer books of the company will remain closed from July 12, 2013 to July 26, 2013 (both days inclusive) for the purpose of payment of final dividend.
The board of directors of the company at its meeting held on April 29, 2013, had recommended a final dividend of Rs 6/- for the financial year ended March 31, 2013 on equity shares of Re 1/- each.
The stock opened at Rs 601 and hit a low of Rs 592 on NSE. A combined 2.37 million shares have changed hands on the counter till 1320 hours on NSE and BSE.
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First Published: Jul 10 2013 | 1:18 PM IST