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Select stocks drop ex-dividend

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Capital Market

Two stocks lost 1.5% to 3.73% at 13:17 IST on BSE on turning ex-dividend today, 5 February 2014.

Meanwhile, the S&P BSE Sensex was up 14.39 points or 0.07% at 20,226.32.

IRB Infrastructure Developers lost 3.73% to Rs 73.50 as the stock turned ex-dividend today, 5 February 2014, for second interim dividend of Rs 2 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.61% based on the closing price of Rs 76.35 on Tuesday, 4 February 2014.

Aarti Drugs lost 1.5% to Rs 226 as the stock turned ex-dividend today, 5 February 2014, for second interim dividend of Rs 4.50 per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 1.96% based on the closing price of Rs 229.45 on Tuesday, 4 February 2014.

 

Edelweiss Financial Services rose 0.37% to Rs 27. The stock turned ex-dividend today, 5 February 2014, for interim dividend of 55 paise per share for the year ending 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 2.04% based on the closing price of Rs 26.90 on Tuesday, 4 February 2014.

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First Published: Feb 05 2014 | 1:18 PM IST

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