Five stocks decline ex-dividend

Five stocks fell 0.19% to 1.41% at 9:58 IST on BSE on turning ex-dividend today, 6 July 2017.

Meanwhile, the S&P BSE Sensex was up 126.58 points or 0.41% at 31,372.14.

Bajaj Auto fell 1.41% to Rs 2,732.60 as the stock turned ex-dividend today, 6 July 2017, for dividend of Rs 55 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 1.98% based on the closing price of Rs 2,771.80 on BSE yesterday, 5 July 2017.

Karnataka Bank lost 1.38% to Rs 164.45 as the stock turned ex-dividend today, 6 July 2017, for dividend of Rs 4 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 2.4% based on the closing price of Rs 166.75 on BSE yesterday, 5 July 2017.

 

Axis Bank fell 0.48% to Rs 511.35 as the stock turned ex-dividend today, 6 July 2017, for final dividend of Rs 5 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.97% based on the closing price of Rs 513.80 on BSE yesterday, 5 July 2017.

Bata India lost 0.21% to Rs 568 as the stock turned ex-dividend today, 6 July 2017, for dividend of Rs 3.50 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.61% based on the closing price of Rs 569.20 on BSE yesterday, 5 July 2017.

Maharashtra Scooters fell 0.19% to Rs 1,914 as the stock turned ex-dividend today, 6 July 2017, for dividend of Rs 30 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 1.56% based on the closing price of Rs 1,917.55 on BSE yesterday, 5 July 2017.

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