Four stocks decline ex-dividend

Four stocks fell 0.13% to 2.83% at 10:03 IST on BSE on turning ex-dividend today, 13 July 2017.
Meanwhile, the S&P BSE Sensex was up 222.12 points or 0.7% at 32,026.94.
Mphasis fell 2.83% to Rs 586.30 as the stock turned ex-dividend today, 13 July 2017, for dividend of Rs 17 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 2.82% based on the closing price of Rs 603.40 on BSE yesterday, 12 July 2017.
Unichem Laboratories lost 0.48% to Rs 271 as the stock turned ex-dividend today, 13 July 2017, for dividend of Rs 3 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 1.1% based on the closing price of Rs 272.30 on BSE yesterday, 12 July 2017.
RPG Life Sciences fell 0.23% to Rs 385.40 as the stock turned ex-dividend today, 13 July 2017, for dividend of Rs 2.80 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.72% based on the closing price of Rs 386.30 on BSE yesterday, 12 July 2017.
Mahindra & Mahindra lost 0.13% to Rs 1,374.75 as the stock turned ex-dividend today, 13 July 2017, for dividend of Rs 13 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 1,376.60 on BSE yesterday, 12 July 2017.
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First Published: Jul 13 2017 | 10:12 AM IST
