Shares of JSW Steel and Vedanta shed by 0.39% to 4.1% at 11:00 IST on BSE as these stocks turned ex-dividend today, 6 July 2015.
Meanwhile, the S&P BSE Sensex was down 225.64 points or 0.8% at 27,867.15.
Shares of JSW Steel fell 0.39% to Rs 865 as the stock turned ex-dividend today, 6 July 2015, for dividend of Rs 11 per share for the year ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 1.26% based on the closing price of Rs 868.40 on Friday, 3 July 2015.
Shares of Vedanta dropped 4.1% to Rs 163.65 as the stock turned ex-dividend today, 6 July 2015, for final dividend of Rs 2.35 per share for the year ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 1.37% based on the closing price of Rs 170.65 on Friday, 3 July 2015.
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