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Coal India Gains Over 4% On Dividend Announcement Plans

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coal india, dividend, trading, company

Coal India announced on Tuesday that a board of directors meeting scheduled on March 05, 2021 will consider a second interim dividend for financial year 2021

Coal India shares gained more than 4 per cent in early trading after the company announced on Tuesday that a board of directors meeting scheduled on March 05, 2021 will consider a second interim dividend for financial year 2,021. At 11:05 am, the shares of Coal India were trading at ₹ 143.05, higher by 4.4 per cent, on the BSE. The shares have touched an intra-day high of ₹ 144 and a low of ₹ 139.60 thus far.

"A meeting of the Board of Directors of the company will be held on March 5, 2021 to consider and approve payment of a second interim dividend for 2020-2021 if any," the company said in a regulatory filing to the stock exchanges.

Coal India has also fixed March 16, 2021 as the 'Record Date' for payment of the second interim dividend, if declared by the Board.

The BSE Sensex was trading at ₹ 50,181.30, higher by 431.99 points or 0.87 per cent at the time.

 

Source: NDTV

coal india, dividend, trading, company

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