Is Coal India a good investment?

Is Coal India a good buy?

CIL announced Rs 3.5 as the final dividend, taking FY21 payout to Rs 16/sh (10% yield at CMP). Aided by strong coal PLFs, increasing power demand and opening up of export opportunities, e-auction premiums are expected to continue improving. We remain positive for a significantly better FY22. Maintain Buy.

Is it good to buy Coal India share for long term?

While there may be fluctuations in the past , Coal India’s earnings per share have basically not grown from where they were five years ago. Flat earnings per share are acceptable for a time, but over the long term, the purchasing power of the company’s dividends could be eroded by inflation.

Who will get Coal India dividend?

The Central government will receive Rs 1,426 crore as a dividend from Coal India.

How many times Coal India gives dividend?

Coal India Ltd. has declared 17 dividends since Feb. 18, 2011. In the past 12 months, Coal India Ltd. has declared an equity dividend amounting to Rs 12.50 per share.

Corporate actions: Dividend history for Coal India Ltd.

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Ex-Date March 22, 2019
Dividend Amount 5.85
Dividend Type INTERIM
Record Date March 25, 2019

What is the current price of coal?


Name Price Unit
Coal 133.35 USD per Ton
RBOB Gasoline 2.33 USD per Gallone
Uranium 32.40 USD per 250 Pfund U308
Oil (Brent) 74.87 USD per Barrel

Is Coal India a blue chip?

As per market capitalisation, India’s leading blue chip companies today are State Bank of India (SBI), Bharti Airtel, Tata Consultancy Services (TCS), Coal India, Reliance Industries, HDFC Bank, ONGC, ITC, Sun Pharma, GAIL (India), Infosys, and ICICI Bank.

Which company share is best India?

Best Stocks To Buy India For Long Term Holding

SL Name P/E
1 Crompton Greaves 45
2 Gujarat Themis 16.61
3 Nestle India 78.67
4 HUL 72.03

Will Coal India be Privatised?

Coal India will not be privatised, and it is given the target of producing one billion tonne coal by 2023,” he said. … Rs 50,000 crore would be invested for coal and mines infrastructure development, while priority would be for local players, he said.

Which company gives highest dividend?

Model Portfolio

Sr. No Company Name Dividend Payout Ratio (%)
1 Bajaj Auto 83.4
2 GAIL 36.2
3 Hindustan Zinc 113
4 SJVN 52.2

Who is eligible for dividend?

Briefly, in order to be eligible for payment of stock dividends, you must buy the stock (or already own it) at least two days before the date of record. That’s one day before the ex-dividend date.

How is dividend paid?

A dividend is the distribution of some of a company’s earnings to a class of its shareholders. Dividends are usually paid in the form of a dividend check. However, they may also be paid in additional shares of stock. … The alternative method of paying dividends is in the form of additional shares of stock.

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Is Coal India good for dividend?

Coal India Ltd.

The company has a good dividend track report and has consistently declared dividends for the last 5 years. … 1.1500 per share(11.5%)Second Interim Dividend.

How is dividend paid India?

Dividend Payment Date

The dividend amount will be automatically credited to your bank account if your bank mandate is recorded with the registrar. The company announces the dividend on this date. The deadline by which you must be listed as a shareholder on the company’s books in order to earn a dividend.

What is Coal India dividend?

The company’s board has approved a final dividend of ₹3.50 per equity share of face value of ₹10 each for the financial year 2020-21, CIL said in a regulatory filing. … Its consolidated sales in the January-March period declined to ₹24,510.80 crore, from ₹25,597.43 crore in the March quarter of 2019-20, the filing said.

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