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Two stocks decline ex-dividend

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Capital Market

Two stocks fell 1.38% to 2.07% at 9:44 IST on BSE on turning ex-dividend today, 11 July 2017.

Meanwhile, the S&P BSE Sensex was up 93.64 points or 0.3% at 31,809.28.

Geojit Financial Services lost 2.07% to Rs 106.30 as the stock turned ex-dividend today, 11 July 2017, for dividend of Rs 1.25 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 1.15% based on the closing price of Rs 108.55 on BSE yesterday, 10 July 2017.

Ashok Leyland fell 1.38% to Rs 103.85 as the stock turned ex-dividend today, 11 July 2017, for dividend of Rs 1.56 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 1.48% based on the closing price of Rs 105.30 on BSE yesterday, 10 July 2017.

 

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First Published: Jul 11 2017 | 9:55 AM IST

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