Axis Bank, Bajaj Auto, Bajaj Finance and Bajaj Finserv dropped by 0.95% to 4.1% at 15:20 IST on BSE as these stocks turned ex-dividend today, 9 July 2015.
Meanwhile, the S&P BSE Sensex was down 111.06 points or 0.4% at 27,576.66.
Axis Bank dropped 0.95% to Rs 571.55 as the stock turned ex-dividend today, 9 July 2015, for dividend of Rs 4.60 per share for the year ended 31 March 2015 (FY 2015). Before turning ex-dividend, the stock offered a dividend yield of 0.79% based on the closing price of Rs 577.05 yesterday, 8 July 2015.
Bajaj Auto shed 1.78% to Rs 2,528 as the stock turned ex-dividend today, 9 July 2015, for dividend of Rs 50 per share for the year ended 31 March 2015 (FY 2015). Before turning ex-dividend, the stock offered a dividend yield of 1.94% based on the closing price of Rs 2,573.90 yesterday, 8 July 2015.
Bajaj Finance skidded 4.1% to Rs 5,019.05 as the stock turned ex-dividend today, 9 July 2015, for dividend of Rs 18 per share for the year ended 31 March 2015 (FY 2015). Before turning ex-dividend, the stock offered a dividend yield of 0.34% based on the closing price of Rs 5,233.55 yesterday, 8 July 2015.
Bajaj Finserv fell 2.38% to Rs 1,720 as the stock turned ex-dividend today, 9 July 2015, for dividend of Rs 1.75 per share for the year ended 31 March 2015 (FY 2015). Before turning ex-dividend, the stock offered a dividend yield of 0.09% based on the closing price of Rs 1,761.95 yesterday, 8 July 2015.
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