BHEL to pay interim dividend; stock down

Bharat Heavy Electricals (BHEL) to pay Rs 2.72 per share interim dividend. The interim dividend will be paid on March 19, reports CNBC-TV18.
The share has touched an intraday high of Rs 303.50 and an intraday low of Rs 295.50. At 13:32 hrs the share was quoting at Rs 295.90, down Rs 3.15, or 1.05%.

It was trading with volumes of 554,941 shares. In the previous trading session, the share closed down 2.97% or Rs 9.15 at Rs 299.05.

ref:
http://www.moneycontrol.com/news/buzzing-stocks/bhel-to-pay-interim-dividend-stock-down_675895.html