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Bank of Baroda drops ex-dividend

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Capital Market

Meanwhile, the S&P BSE Sensex was down 201.62 points or 1.06% at 18,839.51.

On BSE, 3,283 shares were traded in the counter as against average daily volume of 88,619 shares in the past two weeks.

The stock hit a high of Rs 635.90 and a low of Rs 626 so far during the day.

Before turning ex-dividend, the stock offered a dividend yield of 3.29% based on the closing price of Rs 651.90 on Wednesday, 12 June 2013.

Bank of Baroda's net profit declined 32.2% to Rs 1028.85 crore on 13.8% growth in total income to Rs 10262.50 crore in Q4 March 2013 over Q4 March 2012.

 

The Government of India holds 55.41% stake in Bank of Baroda (as per the shareholding pattern as on 31 March 2013).

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First Published: Jun 13 2013 | 9:15 AM IST

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