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Five stocks drop ex-dividend

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Capital Market

Five stocks fell 0.28% to 3.72% at 10:08 IST on BSE on turning ex-dividend today, 18 July 2017.

Meanwhile, the S&P BSE Sensex was down 187.50 points or 0.58% at 31,887.28.

Thangamayil Jewellery fell 3.72% to Rs 248.70 as the stock turned ex-dividend today, 18 July 2017, for dividend of Rs 2 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.77% based on the closing price of Rs 258.30 on BSE yesterday, 17 July 2017.

Tide Water Oil (India) lost 1.18% to Rs 6,224.90 as the stock turned ex-dividend today, 18 July 2017, for final dividend of Rs 100 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 1.59% based on the closing price of Rs 6,299.35 on BSE yesterday, 17 July 2017.

 

Tata Elxsi fell 1.03% to Rs 1,691.35 as the stock turned ex-dividend today, 18 July 2017, for dividend of Rs 16 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.94% based on the closing price of Rs 1,708.95 on BSE yesterday, 17 July 2017.

IndusInd Bank lost 0.49% to Rs 1,573.80 as the stock turned ex-dividend today, 18 July 2017, for dividend of Rs 6 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.38% based on the closing price of Rs 1,581.55 on BSE yesterday, 17 July 2017.

SKF India lost 0.28% to Rs 1,583.45 as the stock turned ex-dividend today, 18 July 2017, for dividend of Rs 10 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.63% based on the closing price of Rs 1,587.85 on BSE yesterday, 17 July 2017.

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First Published: Jul 18 2017 | 10:17 AM IST

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