Manappuram Finance and Rossari Biotech shares traded ex-dividend on May 24. Manappuram had earlier announced an interim dividend of Re 0.75 per equity share, resulting in a dividend yield of 2.70%. Meanwhile, Rossari Biotech has paid a meagre Rs 0.5 per share as equity dividend in the last 12 months, and at current CMP levels, this results in a dividend yield of 0.07%. In the March quarter, Manappuram Finance reported a 59% growth in its consolidated net profit at Rs 415 crore.
