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Coal India Shares to Trade Ex-Date on January 31: Declared Interim Dividend of ₹5.60

Written by: Sachin GuptaUpdated on: Jan 31, 2025, 8:27 AM IST
Coal India Limited decided to pay its 2nd interim dividend and set the record date for this reward to shareholders as January 31, 2025.
Coal India Shares to Trade Ex-Date on January 31: Declared Interim Dividend of ₹5.60
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On January 31, 2025, Coal India shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for its 2nd interim dividend of ₹5.60 for FY25.

Coal India Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
Nov 5, 2024 Interim 15.75
Aug 16, 2024 Final 5
Feb 20, 2024 Interim 5.25

Coal India Operation Highlight 

CIL’s coal production in the first nine months of FY25 increased slightly by 2% year-on-year to 543 MT, though this was affected by land-related issues and heavy rainfall. As a result, CIL has lowered its FY25 production target to approximately 806 MT, down from the previous estimate of around 838 MT. Nevertheless, CIL is still aiming for a production target of 1,000 MT by FY27, in line with the government’s objective of ensuring a 24×7 power supply.

Additionally, CIL is progressing on 119 coal projects with a total capacity of 896 MT, involving an investment of around ₹1.3 lakh crore. These projects include enhancing first-mile connectivity, developing railway lines for coal transportation, and collaborating with 15 MDOs.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 31, 2025, 8:27 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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