Coal India (NSE:COALINDIA) Dividend Payout Ratio : 0.24 (As of Mar. 2024)

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What is Coal India Dividend Payout Ratio?

Coal India's dividend payout ratio for the months ended in Mar. 2024 was 0.24.

The historical rank and industry rank for Coal India's Dividend Payout Ratio or its related term are showing as below:

NSE:COALINDIA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.61 Max: 1.46
Current: 0.4

During the past 13 years, the highest Dividend Payout Ratio of Coal India was 1.46. The lowest was 0.40. And the median was 0.61.

NSE:COALINDIA's Dividend Payout Ratio is ranked better than
61.84% of 76 companies
in the Other Energy Sources industry
Industry Median: 0.6 vs NSE:COALINDIA: 0.40

As of today (2024-05-06), the Dividend Yield % of Coal India is 5.16%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Coal India was 15.49%. The lowest was 2.76%. And the median was 7.67%.

Coal India's Dividends per Share for the months ended in Mar. 2024 was ₹5.25.

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.

Coal India Dividend Payout Ratio Historical Data

The historical data trend for Coal India's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Coal India Dividend Payout Ratio Chart

Coal India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.44

0.61

0.62

0.45

0.40

Coal India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.35	-	0.36	1.04	0.24

Competitive Comparison of Coal India's Dividend Payout Ratio

For the Thermal Coal subindustry, Coal India's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Coal India's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Coal India's Dividend Payout Ratio falls into.

Coal India Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Coal India's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	24.5	/	60.69
	=	0.40

Coal India's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	5.25	/	22.01
	=	0.24

Coal India (NSE:COALINDIA) Dividend Payout Ratio Explanation

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.

Coal India Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Coal India's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Coal India (NSE:COALINDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Coal India Ltd (NSE:COALINDIA) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

533278:India

Address

Coal Bhawan, Premises No-04 MAR, Plot No-AF-III, Action Area-1A, 3rd Floor, Core-2, New Town, Rajarhat, Kolkata, WB, IND, 700156

Website

https://www.coalindia.in

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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