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Two stocks drop ex-dividend

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Capital Market

Two stocks lost by 1.35% to 3.06% at 12:14 IST on BSE on turning ex-dividend today, 19 December 2013.

Empee Distilleries (down 1.35% to Rs 40.25) and Caplin Point Laboratories (down 3.06% to Rs 74.45) edged lower.

Meanwhile, the S&P BSE Sensex was down 143.59 points or 0.69% at 20,716.27.

Empee Distilleries lost 1.35% to Rs 40.25 on turning ex-dividend today, 19 December 2013 for dividend of Re 1 per share for the year ended 30 September 2013. Before turning ex-dividend, the stock offered a dividend yield of 2.45% based on the closing price of Rs 40.80 on Wednesday, 18 December 2013.

 

Caplin Point Laboratories lost 3.06% to Rs 74.45 on turning ex-dividend today, 19 December 2013 for final dividend of Rs 2.50 per share for the year ended 30 June 2013. Before turning ex-dividend, the stock offered a dividend yield of 3.25% based on the closing price of Rs 76.80 on Wednesday, 18 December 2013.

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First Published: Dec 19 2013 | 12:11 PM IST

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