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Coal India Limited, together with its subsidiaries, produces and market coal and coal products in India. The company offers coking coal primarily for use in steel making and metallurgical industries, and for hard coke manufacturing; and semi coking coal that is used as blend-able coal in steel making, merchant coke manufacturing, and other metallurgical industries. It also provides non-coking coal that is used as thermal grade coal for power generation, as well as for cement, fertilizer, glass, ceramic, paper, chemical, and brick manufacturing, and other heating purposes. In addition, it offers beneficiated and washed non-coking coal for use in power generation; beneficiated non-coking coal for use in cement, sponge iron, and other industrial plants; and middling products for power generation and by domestic fuel plants, brick manufacturing units, cement plants, industrial plants, etc. Further, the company provides rejects that are used for fluidized bed combustion boilers for power generation, road repairs, briquette making, land filling, etc. The company was incorporated in 1973 and is headquartered in Kolkata, India.

Coal India Dividend Announcement

Coal India announced a quarterly dividend of ₹5.00 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-16
Coal India annual dividend for 2024 was ₹10.25
Coal India annual dividend for 2023 was ₹24.50
Coal India's trailing twelve-month (TTM) dividend yield is 5.31%
Coal India's dividend growth over the last five years (2018-2023) was 0.62% year
Coal India's dividend growth over the last ten years (2013-2023) was 5.76% year

Coal India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-16₹5.00quarterly2024-09-20
2024-02-20₹5.25quarterly
2023-11-21₹15.25quarterly2023-12-10
2023-08-18₹4.00quarterly2023-09-22
2023-02-08₹5.25quarterly2023-03-02
2022-11-15₹15.00quarterly2022-12-06
2022-08-11₹3.00quarterly2022-09-29
2022-02-21₹5.00quarterly2022-03-16
2021-12-06₹9.00quarterly2021-12-21
2021-09-02₹3.50quarterly2021-10-15
2021-03-15₹5.00quarterly2021-04-04
2020-11-19₹7.50quarterly2020-12-11
2020-03-19₹12.00quarterly2020-04-11
2019-03-22₹5.85quarterly2019-04-13
2018-12-28₹7.25quarterly2019-01-19
2018-03-16₹16.50quarterly2018-04-09
2017-03-14₹18.75quarterly2017-04-05
2016-03-14₹27.40quarterly2016-03-21
2015-03-03₹20.70quarterly2015-03-29
2014-01-17₹29.00quarterly2014-02-13
2013-09-06₹4.30quarterly2013-10-19
2013-03-18₹9.70quarterly2013-04-13

Coal India Dividend per year

Coal India Dividend growth

Coal India Dividend Yield

Coal India current trailing twelve-month (TTM) dividend yield is 5.31%. Interested in purchasing Coal India stock? Use our calculator to estimate your expected dividend yield:

Coal India Financial Ratios

P/E ratio8.34
PEG ratio0.78
P/B ratio3.58
ROE50.56%
Payout ratio0.00%
Current ratio1.70
Quick ratio1.53
Cash Ratio0.10

Coal India Dividend FAQ

How much is the next Coal India dividend?
Coal India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Coal India dividend. The next Coal India dividend will be released in February, August, or November.
When is Coal India dividend paid?
Coal India pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Coal India pay?
The specific amount of Coal India dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Coal India's dividend history.
Does Coal India stock pay dividends?
Yes, Coal India does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Coal India's dividend history.
How much dividend does Coal India pay?
Coal India paid ₹10.25 in 2024, ₹24.5 in 2023, ₹23.0 in 2022, ₹17.5 in 2021, and ₹19.5 in 2020.
How often does Coal India pay dividends?
Coal India typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, August, and November.
What is Coal India's dividend yield?
The current dividend yield for Coal India is 5.31%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Coal India's exact dividend yield.
When does Coal India go ex dividend?
Coal India's ex-dividend date for the latest dividend was on 2024-08-16. Coal India typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Coal India dividend paid?
Coal India pays dividends on a quarterly basis, typically around February, August, or November, but the exact dates can vary each year.
Will Coal India increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Coal India will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Coal India dividend per share?
Coal India paid ₹10.25 per share in 2024 and ₹24.5 per share in 2023. The amount of dividend per share that Coal India pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Coal India a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Coal India a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Coal India a dividend stock?
Yes, Coal India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Coal India a good dividend stock?
Whether Coal India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Coal India has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Coal India as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Coal India pay dividends monthly?
Coal India typically pays dividends on a quarterly basis.
Does Coal India pay dividends quarterly?
Coal India currently pays dividends on a quarterly basis.
Has Coal India ever paid a dividend?
Yes, Coal India has a history of paying dividends to its shareholders. Coal India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Coal India dividend stocks?
To buy Coal India you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Coal India stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Coal India pay dividends 2024?
Coal India pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Coal India increase its dividend in 2024?
Decisions regarding Coal India dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Coal India dividend overview you can look into the above table of dividend history.
How Coal India dividend works?
The Coal India dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Coal India's dividend process works:

1. Determination of Dividend: Coal India's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Coal India publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Coal India distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Coal India are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Coal India dividends paid?
Coal India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Coal India sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Coal India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Coal India declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Coal India pay dividends?
Coal India typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Coal India pay dividends?
The general pattern is that Coal India pays dividends around February, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Coal India dividend safe?
The safety of Coal India's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Coal India's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Coal India's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.