The Board of Directors of COAL INDIA Ltd (COALINDIA) held its meeting on November 29, 2021. It has declared Dividend of Rs 9 per equity share for the financial year 2021-22 (Q2FY22).
COAL INDIA Ltd Q2FY22 Result
The company reported an almost flat consolidated net profit of Rs 2,936.91 for the quarter ended September 30. It had posted a net profit of Rs 2,948.12 crore in the corresponding quarter last year. Its consolidated revenue from operations during July-September 2021 increased to Rs 23,291.08 crore, compared with Rs 21,153.07 crore in the year-ago period.
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COAL INDIA Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 7 December 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Tuesday, 7 December 2021.
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:
The Board of Directors in its meeting held on Monday, the 29th Nov, 2021 had approved payment of Interim Dividend for the financial year 2021-22 @ 9/- per share of the face value of Rs 10/- as recommended by Audit committee of CIL in its meeting held on due.
Important Dates
- Company – COAL INDIA Ltd
- Script Name – COALINDIA (NSE) and 533278 (BSE)
- Dividend Amount – 9 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 6 December 2021
- Record Date – 7 December 2021
- Payment Date – 29 December 2021
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.
