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NLC drops ex-dividend

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Capital Market

Neyveli Lignite Corporation lost 1.41% to Rs 59.30 at 14:18 IST on BSE as the stock turned ex-dividend today, 26 March 2014, for interim dividend of Re 1 per share for the year ending 31 March 2014.

Meanwhile, the S&P BSE Sensex was down 9.69 points or 0.04% at 22,045.52.

Before turning ex-dividend, Neyveli Lignite Corporation (NLC) offered a dividend yield of 1.66% based on the closing price of Rs 60.15 on Tuesday, 25 March 2014.

Oil India rose 0.86% to Rs 475.75. The stock turned ex-dividend today, 26 March 2014, for second interim dividend of Rs 10 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.11% based on the closing price of Rs 471.70 on Tuesday, 25 March 2014.

 

Mayur Leather Products was flat at Rs 23.50. The stock turned ex-dividend today, 26 March 2014, for interim dividend of 50 paise per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.12% based on the closing price of Rs 23.50 on Tuesday, 25 March 2014.

Om Metals Infraprojects was flat at Rs 20. The stock turned ex-dividend today, 26 March 2014, for interim dividend of 10 paise per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.5% based on the closing price of Rs 20 on Tuesday, 25 March 2014.

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First Published: Mar 26 2014 | 2:20 PM IST

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