Coal India Dividend 2022 Record Date: Coal India has fixed the record date for the payment of dividends. The public sector company will pay a final dividend of Rs 3 per equity share to its shareholders for FY22. This translates into 30 per cent of the paid-up equity share capital of the company. The face value of Coal India shares is Rs 10 each.
Coal India share dividend record date is August 12, meaning anyone having the shares of Coal India in his/her Demat account will be eligible to receive a Rs 3 dividend per equity share. The dividend is subject to approval at the Annual General Meeting.
“The Company has fixed Friday, August 12, 2022 as the Record Date for the purpose of determining the Members eligible to receive Final Dividend for the Financial Year 2021-22, the company said in a regulatory filing.
Coal India final dividend on equity shares, as recommended by the Board of Directors, if declared at the Annual General Meeting, will be paid on and from September 7, it added. Coal India AGM is scheduled to be held on August 30 at 11 AM through video conferencing.
Coal India Dividend History
Coal India shares have gained around 10 per cent in the last one month while 34 per cent year-to-date and over 45 per cent in the last one year.
The current market price of the stock is Rs 209 apiece as of August 6 at 9:30 AM, according to the NSE India website. The 52-week high of the stock is Rs 217.25 apiece and the 52-week low is Rs 132.75 on the NSE.
Coal India Limited is a state-owned coal mining corporation. It was founded in 1975. Coal India, which has headquarters in Kolkata, is the largest coal producer in the world. It is a Maharatna public sector undertaking (PSU).