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Select stocks drop ex-dividend

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Capital Market

Kirloskar Brothers Investments and Sanofi India fell 0.01% to 0.53% at 10:00 IST on BSE on turning ex-dividend today, 16 April 2015.

Meanwhile, the S&P BSE Sensex was down 12.10 points or 0.04% at 28,787.59.

Sanofi India fell 0.53% at Rs 3,405 as the stock turned ex-dividend today, 16 April 2015, for total dividend of Rs 35 per share for the year ended 31 December 2014. Total dividend constitutes a final dividend of Rs 24 per share and a special dividend of Rs 11 per share. Before turning ex-dividend, the stock offered a dividend yield of 1.02% based on the closing price of Rs 3,423.05 yesterday, 15 April 2015.

 

Kirloskar Brothers Investments fell 0.01% at Rs 4,100 as the stock turned ex-dividend today, 16 April 2015, for second interim dividend of Rs 20 per share for the year ended 31 March 2015. Before turning ex-dividend, the stock offered a dividend yield of 0.48% based on the closing price of Rs 4,100.50 yesterday, 15 April 2015.

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First Published: Apr 16 2015 | 9:54 AM IST

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