Coal India Dividend History : CIL or Coal India Limited, headquartered in Kolkata WB, is an Indian central public sector enterprise owned by the Ministry of Coal, Government of India. It holds the distinction of being the world’s largest government-owned coal producer.
Coal India Limited (CIL) operates coal production through seven wholly owned subsidiaries: ECL, BCCL, CCL, WCL, SECL, NCL, and MCL. Additionally, its eighth subsidiary, CMPDIL, offers exploration, planning, and technical support to these seven production subsidiaries.
The company’s equity shares are listed on the Bombay Stock Exchange (BSE), where they are part of the BSE SENSEX index, and on the National Stock Exchange (NSE) of India, where they are included in the S&P CNX Nifty index.
Significance of Dividend History of CIL
A company’s dividend history is a vital indicator for investors assessing its financial health and stability. It demonstrates the company’s consistent profitability and its commitment to rewarding shareholders. In this article, we will explore the dividend history of COAL INDIA LIMITED (CIL).
Coal India Dividend History Last 10 Years
- If we look at it, in the last 14 years Coal India has announced its dividend 27 times, the total amount of which is ₹ 237.85 per share.
- Company has declared equity dividend 3 times for the last financial year (1 Apr 2023 – 31 Mar 2024), amounting to total of 24.5 Rs. per share. and also, in last 12 months, this company paid a dividend of ₹12.00 per share.
- The company has consistently upheld a strong dividend payout of 49.8%.
- Coal India dividend history details are given in the table, you can check the list for last 10 years.
| Ex-Date | Record Date | Dividend (Rs) | Dividend Type |
|---|---|---|---|
| 16 Aug 2024 | 16 Aug 2024 | 5.00 | FINAL |
| 20 Feb 2024 | 20 Feb 2024 | 5.25 | INTERIM |
| 21 Nov 2023 | 21 Nov 2023 | 15.25 | INTERIM |
| 18 Aug 2023 | 18 Aug 2023 | 4.00 | FINAL |
| 08 Feb 2023 | 08 Feb 2023 | 5.25 | INTERIM |
| 15 Nov 2022 | 16 Nov 2022 | 15.00 | INTERIM |
| 11 Aug 2022 | 12 Aug 2022 | 3.00 | FINAL |
| 21 Feb 2022 | 22 Feb 2022 | 5.00 | INTERIM |
| 06 Dec 2021 | 07 Dec 2021 | 9.00 | INTERIM |
| 02 Sep 2021 | 03 Sep 2021 | 3.50 | FINAL |
| 15 Mar 2021 | 16 Mar 2021 | 5.00 | INTERIM |
| 19 Nov 2020 | 20 Nov 2020 | 7.50 | INTERIM |
| 19 Mar 2020 | 20 Mar 2020 | 12.00 | INTERIM |
| 22 Mar 2019 | 25 Mar 2019 | 5.85 | INTERIM |
| 28 Dec 2018 | 31 Dec 2018 | 7.25 | INTERIM |
| 16 Mar 2018 | 19 Mar 2018 | 16.50 | INTERIM |
| 27 Mar 2017 | 29 Mar 2017 | 1.15 | INTERIM |
| 14 Mar 2017 | 15 Mar 2017 | 18.75 | INTERIM |
| 14 Mar 2016 | 15 Mar 2016 | 27.40 | INTERIM |
| 03 Mar 2015 | 04 Mar 2015 | 20.70 | INTERIM |
| 17 Jan 2014 | 20 Jan 2014 | 29.00 | INTERIM |
| 06 Sep 2012 | – | 4.30 | FINAL |
| 18 Mar 2013 | 19 Mar 2013 | 9.70 | INTERIM |
| 15 Mar 2012 | 17 Mar 2012 | 9.50 | INTERIM |
| 08 Sep 2011 | – | 0.40 | FINAL |
| 18 Feb 2011 | 21 Feb 2011 | 3.50 | INTERIM |
Related Post – IOC Dividend History Last 10 Years, 2024 Record Date, Ex Date, Bonus History
Coal India Ltd. Upcoming Dividend (New Update)
The company has set Friday, August 16, 2024, as the record date to determine which shareholders are eligible for the final dividend of ₹5 per share for the financial year 2023-24. Shareholders who hold equity shares on this date will receive the dividend, whether their shares are in electronic or physical form. You can check its ex-dividend, record date and other details on the table above.
Coal India Bonus History
Coal India Ltd. has not declared any bonus since Jan, 2000.
Also read
- Upcoming Dividend Stocks 2024 (आने वाले डिविडेंड स्टॉक)
- Upcoming Bonus Shares (आगामी बोनस शेयर देने वाली कंपनियां 2024)
- Trading ke liye Best App [टॉप 5+] भारत में सबसे अच्छा ट्रेडिंग ऐप कौन सा है
In last words, the company is financially strong with minimal debt, offering a 4.98% dividend yield, a 3-year ROE of 52.8%, and a consistent dividend payout of 49.8%. (as per screener.in report).
FAQs on CIL Dividend History
1- Why Companies give dividend ?
Answer : Companies give dividends to distribute a portion of their profits to shareholders as a return on their investment. Dividends are typically paid out regularly, usually quarterly or annually, and are one way for companies to reward shareholders for holding their stock.
2- Does Coal India Ltd. pay dividends regularly ?
Answer : For the fiscal year ending in March 2024, Coal India has announced an equity dividend of 255%, equating to ₹25.5 per share. The company has a strong history of dividend payments, consistently declaring dividends over the past five years.
3- Is CIL giving dividends in Aug 2024 ?
Answer : Yes, according to some reliable reports the CIL company is going to declare its dividend in Aug 2024, which was announced in May 2024.
Disclaimer : All the information on this website is for educational purposes only, not for trading or advice. The data given here may also differ from the real-time and accuracy. We highly recommend to do your own research before making any investment.
