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Select stocks drop ex-dividend

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Capital Market

Four stocks lost 0.42% to 4.45% at 13:13 IST on BSE on turning ex-dividend today, 27 January 2014.

Meanwhile, the S&P BSE Sensex was down 295.95 points or 1.4% at 20,837.61.

TCS lost 0.42% at Rs 2238.80 as the stock turned ex-dividend today, 27 January 2014, for third interim dividend of Rs 4 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.17% based on the closing price of Rs 2,248.15 on Friday, 24 January 2014.

Supreme Industries lost 0.65% at Rs 413.30 as the stock turned ex-dividend today, 27 January 2014, for interim dividend of Rs 2 per share for the year ending 30 June 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.48% based on the closing price of Rs 416 on Friday, 24 January 2014.

 

Sterling Tools lost 4.41% at Rs 116.95 as the stock turned ex-dividend today, 27 January 2014, for interim dividend of Rs 5 per share for year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 4.08% based on the closing price of Rs 125.35 on Friday, 24 January 2014.

Punjab & Sind Bank lost 4.45% to Rs 44 as the stock turned ex-dividend today, 27 January 2014, for interim dividend of Rs 1.60 per share for year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 3.47% based on the closing price of Rs 46.05 on Friday, 24 January 2014.

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First Published: Jan 27 2014 | 1:15 PM IST

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