Coal India dividend: CIL shares to trade ex-date on Tuesday

Coal India dividend record date: State-owned Coal India's shares are all set to trade ex-dividend on Tuesday, February 20. Earlier, the PSU mining giant's board approved an interim along with the company's third-quarter financial results. The dividend, of Rs 5.25 per equity share with a face value of Rs 10, marks the company's second payout for the financial year 2023-24.

"Interim Dividend for the financial year 2023-24 @ Rs. 5.25/- per equity share on the face value of Rs 10/- as recommended by the Audit Committee of CIL at its meeting held on date, " according to a regulatory filing dated February 12.

Coal India dividend 2024 record date

The PSU's board has fixed February 20 as the record date for the interim dividend.

A record date helps companies determine the eligibility of shareholders for corporate action such as a dividend payout.

Coal India dividend 2024 payment date

The date of payment of the interim dividend for FY 2023-24 will be March 12.

Coal Q3 results

CIL reported a 16.9 per cent rise in consolidated net profit to Rs 9,069.19 crore for the December quarter.

Its consolidated revenue from operations in the October-December period increased to Rs 36,153.97 crore from Rs 35,169.33 crore a year ago, according to a regulatory filing.

CIL accounts for over 80 per cent of the country's coal production.

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