Coal India dividend 2024 record date: Coal India is an Indian central public sector company, which engages in production and supply of coal. Stocks of Coal India are up around 1.85% in the past one week. On Monday, June 10, Coal India stock gained marginally 0.32% to stand at Rs 480.35 apiece by the time of writing this report.
Coal India dividend 2024
In the board meeting held on May 02, 2024, Coal India announced dividend of Rs 5 per share for the financial year 2024.
“…the Board of Directors in its meeting held on date had recommended payment of Final Dividend for the financial year 2023-24 @ 5/- per share of the face value of Rs 10/- as recommended by the Audit Committee of CIL in its meeting held on date subject to the approval of the Members at the ensuing Annual General Meeting (“AGM”) of the Company,” Coal India announced in the BSE exchange filing.
Coal India dividend 2024 record date
Coal India hasn’t declared record date for the above-mentioned dividend. The Maharatna Company will declare the Record date in the due course. Record date helps the Company to determine the eligible shareholders for the payment of dividend.
Coal India dividend yield
Coal India dividend yield stands at 5.099%.
Coal India’s new subsidiary
The Ministry of Corporate Affairs, GOI has issued Certificate of Incorporation to ‘Bharat Coal Gasification & Chemicals Limited’. In a joint venture agreement, Coal India and Bharat Heavy Electricals Limited will engage in the business of coal gasification to produce syn-gas, Ammonia & Nitric acid.
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Coal India market cap
Coal India has a market cap of Rs 2.96 lakh crore as per BSE analytics. The face value of the stock is Rs 10 each. The stock’s 52-week movement indicates a high of Rs 527.20 apiece and a low of Rs 223.30 apiece.
Coal India dividend history
Coal India announced interim dividend of Rs 5.25 per share in February 2024. Earlier, it announced interim dividend of Rs 15.25 per share. In 2023, the Company declared final dividend of Rs 4 per share.
