BT and Dixons among stocks going ex-dividend

Shares in some of the UK's best known companies are trading lower as they go ex-dividend.

BT, Dixons Carphone and Halma are among a large number of stocks which have undergone a technical adjustment today whereby the market has now reduced the valuation of their equity to reflect the forthcoming payment of cash dividends.

Ex-dividend represents the point at which investors buying the shares no longer qualify for the next dividend payment.

Other stocks going ex-dividend today include Grainger, Inland Homes and NewRiver Retail.

At 2:55pm:

(LON:BT.A) BT Group PLC share price was -7.35p at 266.9p

(LON:DC.) Dixons Carphone share price was -0.9p at 200.1p

(LON:HLMA) Halma PLC share price was -7.5p at 1262.5p

(LON:INL) Inland Homes PLC share price was -0.75p at 60.25p