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Select stocks drop ex-dividend

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Capital Market

Shares of Corporation Bank and Rallis India lost 0.26% and 1.19% at 11:41 IST on BSE on turning ex-dividend today, 13 June 2014.

Rallis India (down 1.19% at Rs 203.40) and Corporation Bank (down 0.26% at Rs 399.50) edged lower.

Meanwhile, the S&P BSE Sensex was up 26.93 points or 0.11% at 25,603.14.

Corporation Bank lost 0.26% to Rs 399.50 as the stock turned ex-dividend today, 13 June 2014, for final dividend of Rs 2.25 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.56% based on the stock's closing price of Rs 400.55 on Thursday, 12 June 2014.

 

Rallis India lost 1.19% to Rs 203.40 as the stock turned ex-dividend today, 13 June 2014, for final dividend of Rs 1.40 per share for the year ended 31 March 2014. Before turning ex-dividend, the stock offered a dividend yield of 0.68% based on the stock's closing price of Rs 205.85 on Thursday, 12 June 2014.

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First Published: Jun 13 2014 | 11:41 AM IST

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