Announcements

A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

As per a recent circular, Coal India Ltd. has announced a dividend payment of Rs. 15.25. The key dates for the same are as follows:

1. The changes shall be effective from the ex-date / effective date.

2. The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.

3. The details of the revised option strike prices, futures prices, lot size and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the exdate / effective date.

Refer: NSE Circular