Coal India Limited (CIL), a Maharatna Public Sector Undertaking (PSU) under the Ministry of Coal, has announced a record date for its final dividend for the financial year 2024-25 and its first interim dividend for the financial year 2025-26. Such announcements draw investor attention, especially to dividend-chasing investors.
Final Dividend for FY 2024-25
The record date to determine shareholders' eligibility for the final dividend of ₹5.15 per equity share (face value of ₹10) for FY 2024-25 is August 21, 2025. This dividend is subject to the approval of shareholders during the company's 51st Annual General Meeting (AGM) scheduled for August 28, 2025, which will be held via video conferencing. If approved, the dividend will be disbursed within 30 days to shareholders who hold shares in dematerialized or physical form as of the record date.
Interim Dividend for FY 2025-26
The company has fixed Wednesday, August 6, 2025, as the record date for determining eligibility for the first interim dividend of ₹5.50 per equity share for the financial year 2025-26. The payment of this dividend will be made by August 30, 2025.
Financial Performance
The dividend announcement coincided with the release of Coal India's Q1 FY26 results. The company reported a consolidated net profit of ₹8,734.17 crore, a 20% year-on-year decrease, primarily due to lower sales. Total income for the quarter was ₹37,458.05 crore, down from ₹39,388.47 crore in the same period last year. Sales also fell to ₹31,880.43 crore from ₹33,170.13 crore in the corresponding quarter of the previous fiscal year. Revenue from core operations also saw a dip, slipping 4.4% to ₹35,842 crore in Q1 FY26, compared to ₹37,504 crore in the same quarter last year.
Market Impact
On August 5, 2025, the shares of Coal India Limited closed higher by 0.97% at ₹376.10 on the BSE following the dividend announcement. At the current share price of ₹376.75, Coal India Ltd.'s dividend yield is 8.45%.
Besides Coal India, several other companies also have their record date on August 6, 2025, including The Ramco Cements, Dr. Lal PathLabs, Blue Dart Express, and The Bombay Dyeing & Manufacturing Company. August 5th was the last day for investors to purchase shares to be eligible for the dividend.
Ex-Dividend Date Explained
The ex-dividend date is a critical date for investors. The stock trades ex-dividend one business day before the record date. This means that investors who purchase the shares on or after the ex-dividend date will not be eligible to receive the dividend. To be eligible, investors must have purchased the shares before the ex-dividend date, ensuring that their trades are settled by the record date.
Other Companies Declaring Dividends
Alongside Coal India, a total of 21 companies are turning ex-dividend on Wednesday, August 6, 2025. This includes companies across various sectors like logistics, manufacturing, cement, chemicals, and real estate. Some notable companies include Blue Dart Express, The Anup Engineering, Kirloskar Industries, The Ramco Cements, and Dr. Lal Pathlabs.
In Conclusion
Coal India's declaration of the record date for its final dividend for FY 2024-25 and interim dividend for FY 2025-26, along with the announcement of its Q1 FY26 results, is significant news for investors. While the company's net profit has seen a decline, the consistent dividend payouts reflect its commitment to shareholder returns.
