Four stocks decline ex-dividend

Four stocks lost 0.13% to 0.65% at 10:19 IST on BSE on turning ex-dividend today, 3 July 2017.

Meanwhile, the S&P BSE Sensex was up 151 points or 0.49% at 30,706.52.

Jyothy Laboratories lost 0.65% to Rs 353.65 as the stock turned ex-dividend today, 3 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 0.81% based on the closing price of Rs 355.95 on BSE on Friday, 30 June 2017.

South Indian Bank fell 0.54% to Rs 27.65 as the stock turned ex-dividend today, 3 July 2017, for dividend of Rs 0.40 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 1.44% based on the closing price of Rs 27.80 on BSE on Friday, 30 June 2017.

 

Asian Hotel (west) lost 0.37% to Rs 162.40 as the stock turned ex-dividend today, 3 July 2017, for final dividend of Rs 1 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 163 on BSE on Friday, 30 June 2017.

Federal Bank fell 0.13% to Rs 112.65 as the stock turned ex-dividend today, 3 July 2017, for dividend of Rs 0.90 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.8% based on the closing price of Rs 112.80 on BSE on Friday, 30 June 2017.

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