Coal India has dipped 8% or by Rs 24 to Rs 279 on the NSE after the stock turned ex-dividend today.
The board of directors of state-owned company at their meeting held on January 14, 2014 approved payment of interim dividend of Rs 29 per share for the financial year ending March 2014. The board has set January 20 as the record date for the interim dividend.
The stock opened at Rs 275 and hit a low of Rs 274 on the NSE. A combined around one million shares have changed hands on the counter so far on the BSE and NSE.
The board of directors of state-owned company at their meeting held on January 14, 2014 approved payment of interim dividend of Rs 29 per share for the financial year ending March 2014. The board has set January 20 as the record date for the interim dividend.
The stock opened at Rs 275 and hit a low of Rs 274 on the NSE. A combined around one million shares have changed hands on the counter so far on the BSE and NSE.
