6 hrs ago
Coal India Sets September 4 Record Date for Final Dividend
Coal India plans to give shareholders a final dividend of Rs 5.25 for each share they own.
The company will check its shareholder records on September 4.
People listed in those records may qualify for the payment.
Shareholders still need to approve the dividend.
If approved, the company’s total dividend for FY26 will be Rs 26.50 per share.
The payment is expected by the first week of October.
Coal India’s profit rose slightly in the April-to-June quarter.
Its revenue increased more than its profit compared with the same period last year.
Coal India’s board approved a final dividend of Rs 5.25 per share, subject to shareholder approval.
The company fixed September 4 as the record date for determining eligible shareholders.
If approved, Coal India’s total FY26 dividend will be Rs 26.50 per share, or 265% of face value.
The final dividend is expected to be paid by the first week of October under the Companies Act, 2013.
Coal India reported Q1 FY27 net profit of Rs 8,849 crore and revenue of Rs 46,254 crore.
- Who
- Coal India and its shareholders.
- What
- The company approved a proposed final dividend of Rs 5.25 per share and fixed a record date.
- Where
- The article discusses Coal India and trading on the exchanges; no specific location is given.
- When
- The record date is September 4; payment is expected by the first week of October if approved.
- Why
- The record date will determine which shareholders are eligible for the proposed final dividend.
Key facts
- Final dividend
- Rs 5.25 per share
- Record date
- September 4
- Approval status
- Subject to shareholder approval
- Total FY26 dividend
- Rs 26.50 per share, or 265% of face value, if approved
- Expected payment
- By the first week of October
- Q1 FY27 net profit
- Rs 8,849 crore, up 0.7% year-on-year
- Q1 FY27 revenue
- Rs 46,254 crore, up 7.7% year-on-year
Sources
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