Four stocks drop ex-dividend

Four stocks fell 0.77% to 2.21% at 9:47 IST on BSE on turning ex-dividend today, 18 August 2017.

Meanwhile, the S&P BSE Sensex was down 219.81 points or 0.69% at 31,575.65.

InterGlobe Aviation fell 2.21% to Rs 1,281.60 as the stock turned ex-dividend today, 18 August 2017, for dividend of Rs 34 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 2.59% based on the closing price of Rs 1,310.50 on BSE yesterday, 17 August 2017.

Kaveri Seed Company lost 1.43% to Rs 540.75 as the stock turned ex-dividend today, 18 August 2017, for interim dividend of Rs 3 per share for the year ending 31 March 2018. Before turning ex-dividend, the stock offered a dividend yield of 0.55% based on the closing price of Rs 548.60 on BSE yesterday, 17 August 2017.

 

L&T Finance Holdings fell 1.25% to Rs 173.55 as the stock turned ex-dividend today, 18 August 2017, for dividend of Rs 0.80 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.46% based on the closing price of Rs 175.75 on BSE yesterday, 17 August 2017.

Jubilant FoodWorks lost 0.77% to Rs 1,388.10 as the stock turned ex-dividend today, 18 August 2017, for dividend of Rs 2.50 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.18% based on the closing price of Rs 1,398.90 on BSE yesterday, 17 August 2017.

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