As of today (2024-05-06), the Forward Annual Dividend Yield of Coal India is 6.27%.
As of today (2024-05-06), the Trailing Annual Dividend Yield of Coal India is 5.16%.
NSE:COALINDIA's Forward Dividend Yield % is ranked worse than 51.25% of 80
companies
in the Other Energy Sources industry
Industry Median: 6.415
vs NSE:COALINDIA: 6.27
During the past 12 months, Coal India's average Dividends Per Share Growth Rate was 5.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 25.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 16.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -3.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Coal India was 111.90% per year. The lowest was -21.80% per year. And the median was 10.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Coal India's Forward Dividend Yield %
For the Thermal Coal subindustry, Coal India's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coal India's Forward Dividend Yield % Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Coal India's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Coal India's Forward Dividend Yield % falls into.
Coal India Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Coal India Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 5.250000
2024-02-20
2024-02-20
2024-03-06
Cash Dividend
quarterly
INR: 1.000000
INR 15.250000
2023-11-21
2023-11-21
2023-12-07
Cash Dividend
quarterly
INR: 1.000000
INR 4.000000
2023-08-18
2023-08-18
2023-08-31
Cash Dividend
quarterly
INR: 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Coal India's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
21
/
460.60
=
4.56 %
Current Share Price is ₹460.60. Coal India's Dividends per Share for the forward twelve months is calculated as ₹5.25 * 4 = ₹21.
Coal India's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
24.5
/
460.60
=
5.32 %
Current Share Price is ₹460.60. Coal India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹24.5.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Coal India (NSE:COALINDIA) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Coal India's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Coal India Ltd is a state-owned coal mining company, which was formed when the government took over many private coal mines. As one of the largest coal producers in the world, Coal India is responsible for the vast majority of India's coal production. The company operates across numerous mining areas spread over various provincial states of India, and one mine planning and consultancy company. The Company is primarily engaged in a single segment business of production and sale of Coal. Coal India has hundreds of mines, the bulk of which are underground, closely trailed by open-pit, while also operating multiple coking coal washeries.
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