Coal India (CIL), the world’s largest coal miner by output, would be paying Rs 18,317 crore as dividend for 2013-14. The state-owned company has declared an interim dividend of Rs 29 per share, amounting to Rs 18,317 crore, of which the government would get Rs 16,485.71 crore for its 90 percent stake in the Maharatna company. The company will pay the dividend from January 25.
Coal India’s dividend comes in the backdrop of government failure to disinvest 10 percent of its shares in this year. Trade unions were opposed to further disinvestment of CIL which was listed in November, 2010 after a blockbuster initial public offer.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
| Company Name | CMP |
|---|---|
| Coal India | 456.35 |
| NMDC | 88.80 |
| GMDC | 684.70 |
| Sandur Manganese | 241.35 |
| MOIL | 315.65 |
| 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: