Coal India Dividend: The country’s government coal producing company Coal India Limited had announced dividend for its investors. For the financial year 2023-24, the company had announced to give 50 percent dividend to its investors on shares with face value of Rs 10 each. Accordingly, shareholders will be paid a dividend of Rs 5 per share. The record date fixed by the company’s Board of Directors for payment of dividend is now very close.
What is the record date for Coal India Dividend
The Board of Directors of Coal India Limited had fixed Friday, August 16 as the record date for the payment of dividend for the financial year 2023-24. However, the final decision on the payment of dividend will be taken in the AGM of the company. If the payment of dividend is approved in the AGM, then the dividend money will be paid into the bank accounts of the investors within 30 days from the date of the AGM.
The company’s shares closed with a good gain on Friday
On Friday, the shares of the company closed at Rs 529.40 with a healthy gain of Rs 6.25 (1.19%). The current price of the company’s shares remains around its 52-week high. According to BSE data, the 52 Week High of the company’s shares is Rs 542.00 and 52 Week Low is Rs 226.10. During Friday’s trading, the shares of Coal India travelled from a low of Rs 522.00 to a high of Rs 531.35.
Coal India Share Price History
Coal India shares have given its investors a return of 7.25 percent in the last 1 month, 125.56 percent in the last 1 year, 145.66 percent in the last 2 years, 269.43 percent in the last 3 years and 154.95 percent in the last 5 years. The current market cap of Coal India is Rs 3,26,254.84 crore.
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