Five stocks drop ex-dividend

Capital Market 

Five stocks fell 0.12% to 0.83% at 9:49 on on turning ex-dividend today, 20 July 2017.

Meanwhile, the S&P Sensex was up 29.74 points or 0.09% at 31,985.09.

Redington (India) fell 0.83% to Rs 148.85 as the stock turned ex-dividend today, 20 July 2017, for final dividend of Rs 7 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 4.66% based on the closing price of Rs 150.10 on yesterday, 19 July 2017.

HSIL lost 0.72% to Rs 394.50 as the stock turned ex-dividend today, 20 July 2017, for dividend of Rs 4 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 1.01% based on the closing price of Rs 397.35 on yesterday, 19 July 2017.

Bharti Infratel fell 0.27% to Rs 413.85 as the stock turned ex-dividend today, 20 July 2017, for final dividend of Rs 4 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.96% based on the closing price of Rs 414.95 on yesterday, 19 July 2017.

Biocon losts 0.23% to Rs 416 as the stock turned ex-dividend today, 20 July 2017, for final dividend of Rs 1 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.24% based on the closing price of Rs 416.95 on yesterday, 19 July 2017.

DFM Foods fell 0.12% to Rs 1,530 as the stock turned ex-dividend today, 20 July 2017, for dividend of Rs 5 per share for the year ended 31 March 2017. Before turning ex-dividend, the stock offered a dividend yield of 0.33% based on the closing price of Rs 1,531.85 on yesterday, 19 July 2017.

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