Categories: Business

Coal India Dividend 2023: PSU declares Rs 15.25 interim dividend – Check record date and payment date

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Coal India Dividend 2023 Document Date Newest Information: State-owned Coal India Ltd has introduced its first interim dividend for the monetary yr 2023-24. The state-run miner declared dividend together with the second quarter monetary outcomes. Coal India reported better-than-expected second-quarter revenue, helped by excessive energy demand and boosted manufacturing.

Coal India Dividend 2023 Quantity

Coal India has introduced an interim dividend of Rs 15.25 (or 152.5 per cent) per fairness share with a face worth of Rs 10.

“…the Board of Administrators at its assembly held on date has inter alia, declared 1st Interim Dividend for the monetary yr 2023-24 @ Rs. 15.25/- per share on the face worth of Rs 10/,” the corporate mentioned in an change submitting.

Coal India Dividend 2023 Document Date

The PSU has declared November 21, 2023, because the file date for the aim of declaration of the interim dividend.

“The corporate has fastened Tuesday, twenty first Nov’ 2023 because the “Document Date” for the aim of declaration of 1st Interim Dividend on fairness shares for the Monetary yr 2023-24,” the submitting reads.

ALSO READ | ONGC declares 115% dividend – Check payment date, record date and other details

The file date is essential because it helps corporations decide the eligibility of shareholders for company motion reminiscent of a dividend payout.

Coal India Dividend 2023 Cost Date

Coal India mentioned that the interim dividend will probably be credited to the account of eligible buyers on or earlier than December 9, 2023.

“The date of cost of “1st Interim Dividend” for FY 2023-24 shall be by ninth Dec’ 2023.”

Coal India Dividend Historical past

Earlier to this, Coal India introduced a last dividend of Rs 4 in Could and an interim dividend of Rs 5.25 in January. Under is the dividend historical past of Coal India.

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Amirul

CEO OF THTBITS.com, sharing my insights with people who have the same thoughts gave me the opportunity to express what I believe in and make changes in the world.