Coal India Ltd Declares Final Dividend of Rs 3.5

The Board of Directors of Coal India Ltd (COALINDIA) at its meeting held on 14 June 2021, has declared Final Dividend of Rs 3.5 per equity share. The Board meeting commenced at 10:30 A.M. and concluded at 4:20 P.M.

Coal India Ltd Quarterly Result

The company reported a marginal 1.1 per cent decline in its consolidated profit at Rs 4,586.78 crore for the quarter ended March 2021. Its consolidated sales in the January-March period declined to Rs 24,510.80 crore, from Rs 25,597.43 crore in the March quarter of 2019-20.

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Coal India Ltd Dividend Record Date

The company has not fixed any record date or ex-dividend date as of now. We will update it here as soon as it is available. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

Above all, here is the copy of statement, the company has sent to the exchanges:

Dear Sir, The Board of Directors in its meeting held on date had recommended final dividend of Rs. 3.50 per equity share of face value of Rs. 10/- each for the financial year 2020-21, subject to approval of the Members at the ensuing Annual General Meeting (“AGM”) of the Company.

Important Dates

• Company – Coal India Ltd
• Script Name – COALINDIA (NSE) and 533278 (BSE)
• Dividend Amount – 3.5 Rs Per Share
• Dividend Type – Final
• Ex-Dividend Date – NA
• Record Date – NA
• Payment Date – NA

Also, you can find more information about Coal India Ltd on National Stock Exchange and Moneycontrol – Coal India Ltd is a government owned coal mining and refining corporation. It is the largest coal-producing company in the world and a Maharatna public sector undertaking.