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Coal India Declares Second Interim Dividend of Rs 10.25

Reported by Pooja Nair (Section Editor) · Livemint - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
BusinessCoal India Declares Second Interim Dividend of Rs 10.25
Representative image · Openverse - wikimedia

Coal India shares trade in focus as the state-run firm prepares for its upcoming second interim dividend payout for the 2026-27 financial year. The board has announced a dividend of Rs 10.25 per equity share with a face value of Rs 10 each following its September-quarter financial results. Wednesday, November 4, 2026, is set as the record date and ex-dividend date, meaning Tuesday was the last trading day to buy shares and qualify for the payout.

Financial Results

The dividend announcement follows strong financial growth for the company during the July-September quarter. Consolidated net profit rose by 53% compared to the previous year to reach Rs 6,516 crore. Revenue from operations also increased by 20.9% to touch Rs 44,179 crore for the quarter. Eligible shareholders will receive their dividend payments on or before November 27 through RBI-approved electronic payment methods.

Yield and Stock Returns

The latest dividend of Rs 10.25 per share gives a dividend yield of roughly 2.5% based on a reference share price of Rs 408. The trailing 12-month dividend payout stands at Rs 26.50 per share, which creates a dividend yield of around 6.5%. Stock performance has varied over different periods, showing a 2.51% gain over the past week and a 2.95% decline over the past month. On a longer-term basis, the stock has risen 30.77% over three years and 140.35% over five years.

Context

Corporate dividends represent a portion of a company's earnings distributed regularly to its shareholders as a return on their investment. Publicly traded firms set specific record dates to officially determine which registered shareholders are eligible to receive these payouts. Stock prices often adjust around the ex-dividend date as new buyers are no longer entitled to the upcoming dividend distribution.

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