Coal India Declares Rs 5.15 Final Dividend, Sets August 21 as Record Date

1 min read     Updated on 20 Aug 2025, 08:32 AM
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Reviewed by
Ashish ThakurBy ScanX News Team
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Overview

Coal India Limited (CIL) has declared a final dividend of Rs 5.15 per share, totaling Rs 3,173.80 crore. The record date is set for August 21, with shareholder approval pending at the August 28 annual general meeting. The government, holding a 63.13% stake, will receive Rs 2,003.00 crore. This dividend follows two interim dividends paid earlier this fiscal year. CIL's current dividend yield stands at 6.88%, although its stock has declined 26% year-to-date.

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*this image is generated using AI for illustrative purposes only.

Coal India Limited (CIL), the state-owned coal mining behemoth, has announced a final dividend of Rs 5.15 per share, subject to shareholder approval at the upcoming annual general meeting scheduled for August 28.

Dividend Details

The total dividend payout amounts to Rs 3,173.80 crore, benefiting nearly 23 lakh shareholders. Investors looking to qualify for this dividend must purchase CIL shares by August 20, as the company has set August 21 as the record date.

Government and Retail Investor Benefits

The Indian government, which holds a 63.13% stake in Coal India, stands to receive Rs 2,003.00 crore from this dividend distribution. Retail investors, defined as those with holdings up to Rs 2 lakh, will collectively receive Rs 132.00 crore.

Previous Dividend Payments

This final dividend comes on top of two interim dividends paid earlier:

  • Rs 15.75 per share in October
  • Rs 5.60 per share in January

Dividend Yield and Stock Performance

Coal India currently boasts a dividend yield of 6.88%, making it an attractive option for income-focused investors. However, the company's stock performance has been mixed:

  • Closed at Rs 387.80 on Tuesday, down 0.60% for the day
  • Remained flat over the past 12 months
  • Declined 26% year-to-date

Recent Corporate Development

While not directly related to the dividend announcement, it's worth noting that Coal India recently signed a non-binding Memorandum of Understanding (MoU) with Konkan Railway Corporation Limited on August 18. The MoU aims to develop rail infrastructure for CIL and its subsidiaries, potentially impacting the company's future operations and efficiency.

Investors and stakeholders are advised to keep an eye on the upcoming annual general meeting on August 28, where the final dividend will be put to a vote for approval.

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.98%-3.44%-3.77%+2.65%-29.20%+167.85%
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Coal India and Konkan Railway Forge Partnership for Rail Infrastructure Development

1 min read     Updated on 19 Aug 2025, 03:24 PM
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Reviewed by
Shriram ShekharBy ScanX News Team
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Overview

Coal India Ltd (CIL) has signed a non-binding Memorandum of Understanding (MoU) with Konkan Railway Corporation Limited in Kolkata on August 18, 2025. The agreement focuses on developing rail infrastructure for Coal India and its subsidiaries, aiming to enhance logistics capabilities and streamline coal transportation. The MoU covers potential development of new rail lines and upgradation of existing infrastructure, which could lead to improved efficiency and reduced costs for CIL. The company has informed stock exchanges about this partnership in compliance with regulatory requirements.

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*this image is generated using AI for illustrative purposes only.

Coal India Ltd (CIL), India's largest coal producer, has taken a significant step towards enhancing its logistics capabilities. On August 18, 2025, the company executed a non-binding Memorandum of Understanding (MoU) with Konkan Railway Corporation Limited in Kolkata, focusing on the development of rail infrastructure for Coal India and its subsidiaries.

Strategic Collaboration

The partnership between Coal India and Konkan Railway marks a strategic move aimed at improving the transportation network crucial for coal distribution. This collaboration is expected to streamline the movement of coal from mines to various consumption points across the country.

Scope of the MoU

While the specifics of the projects have not been disclosed, the MoU is understood to encompass:

  • Development of new rail lines
  • Upgradation of existing rail infrastructure
  • Potential for increased coal transportation capacity

Implications for Coal India

This agreement could potentially lead to:

  • Enhanced logistics efficiency
  • Reduced transportation costs
  • Improved supply chain management

Market Disclosure

In adherence to regulatory requirements, Coal India has duly informed the stock exchanges about this partnership agreement. This transparency ensures that all stakeholders are kept informed about developments that could impact the company's operations and performance.

Looking Ahead

As a non-binding agreement, the MoU serves as a framework for future collaboration. The actual implementation of projects and their impact on Coal India's operations will depend on subsequent binding agreements and the execution of specific projects.

Investors and industry observers will be keenly watching how this partnership unfolds and its potential to enhance Coal India's operational capabilities in the coming years.

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.98%-3.44%-3.77%+2.65%-29.20%+167.85%
Coal India
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