Coal India Dividend Overview and Financial Performance
Coal India Limited (CIL), the largest coal producer globally, has been a consistent performer in rewarding its shareholders with generous dividends. This reflects the company’s sound financial health and commitment to sharing its profits. Here’s a detailed analysis of its recent dividend announcements and financial performance. Recent Dividend Announcements October 2024: A first interim dividend of ₹15.75 per share was declared, with an ex-dividend date of November 5, 2024. May 2024: Final dividend of ₹5 per share announced, with an ex-dividend date of August 16, 2024. January 2024: Second interim dividend of ₹5.25 per share, with an ex-dividend date of February 20, 2024. October 2023: First interim dividend of ₹15.25 per share, with an ex-dividend date of November 21, 2023. Over the last 12 months, Coal India has paid a total dividend of ₹26 per share, which equates to an attractive yield of around 6.73%, based on its current share price of approximately ₹386....