Coal India shares rises by 3.03%, announces record date of 2nd interim dividend payment on 27th Jan

Additionally, a notice is also given that the Board of Directors of the company may also, inter alia, consider and declare payment of 2nd Interim Dividend for FY 2024-25, if any.

Coal India shares rises by 3.03%, announces record date of 2nd interim dividend payment on 27th Jan
Coal India shares rises by 3.03, announces record date of 2nd interim dividend payment on 27th Jan

Power sector PSU, Coal India Ltd experienced a notable increase of 3.03% in its stock price on January 15, 2025. The stock closed at Rs 380.65, marking a 3.06% rise from its intraday high. Despite this recent uptick, the stock remains 4.93% away from its 52-week low of Rs 361.3.

As per the filing made by the company, a meeting of the Board of Directors of the company will be held on Monday, the 27th January 2025 inter-alia, to consider, approve and take on record Un-Audited Financial Results of the Company (Standalone & Consolidated) for the 3rd quarter ended 31st Dec’ 2024 after the results are reviewed by the Audit Committee of the Board.

Additionally, a notice is also given that the Board of Directors of the company may also, inter alia, consider and declare payment of 2nd Interim Dividend for FY 2024-25, if any.

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The Company has fixed 27th January’2025 as the “Record Date” for payment of the 2nd Interim Dividend on Equity Shares for Financial Year 2024-25, if declared by the Board, the filing added.

However, the stock's performance over the past month reflects a decline of 7.23%. Currently, Coal India boasts a high dividend yield of 7.06%, indicating a potential return for shareholders.

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