Coal India (CIL), the largest coal producing company in the world, has presented a cheque amounting to Rs 5,400.49 crore as dividend to the government. The company has paid this dividend for the year 2011-12. The acting chairman and managing director of the company presented the dividend cheque to the Coal Minister.
The coal major had earlier proposed to pay a dividend of Rs 5,684.73 crore to the government for 2011-12. However, for fiscal 2010-11 the company had paid Rs 2,217 crore, for 2009-10 amount of Rs 2,210 crore and for 2008-09 amount of Rs 1,705 crore as dividend to the government.
Coal India is the largest coal producing company in the world. The company also produces non-coking coal and coking coal of various grades for diverse applications.
| Company Name | CMP |
|---|---|
| Coal India | 442.25 |
| NMDC | 89.50 |
| GMDC | 698.70 |
| Sandur Manganese | 216.75 |
| MOIL | 325.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: