{"id":265054,"date":"2019-03-19T05:34:40","date_gmt":"2019-03-19T05:34:40","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=265054"},"modified":"2019-03-19T05:34:40","modified_gmt":"2019-03-19T05:34:40","slug":"coal-indias-spark-diminishes-further-as-dividend-payout-disappoints","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-indias-spark-diminishes-further-as-dividend-payout-disappoints\/","title":{"rendered":"Coal India&#8217;s spark diminishes further as dividend payout disappoints"},"content":{"rendered":"<p>Dividends have always been Coal India Ltd\u2019s strong suit. This year, however, isn\u2019t looking bright for investors on this count. The company\u2019s interim dividend of \u20b95.85 per share, announced last week, is lower than the Street\u2019s expectations. With this, the coal producer\u2019s cumulative dividend so far for this fiscal year stands at \u20b913.1 per share. For FY18 and FY17, Coal India&#8217;s dividend stood at \u20b916.5 and \u20b919.9 per share, respectively.<\/p>\n<p>Interestingly, payouts are lower in a year when profits are relatively higher.<\/p>\n<p>\u201cYear to fiscal year 2019 payout of 54% (of net profits) is far lower than that for the past three years when the payout exceeded 125% on every instance,&#8221; said analysts from Edelweiss Securities Ltd in a report on 15 March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dividends have always been Coal India Ltd\u2019s strong suit. This year, however, isn\u2019t looking bright for investors on this count. The company\u2019s interim dividend of \u20b95.85 per share, announced last week, is lower than the Street\u2019s expectations. With this, the coal producer\u2019s cumulative dividend so far for this fiscal year stands at \u20b913.1 per share. For FY18 and FY17, Coal India&#8217;s dividend stood at \u20b916.5 and \u20b919.9 per share, respectively. Interestingly, payouts are lower in a year when profits are relatively higher. \u201cYear to fiscal year 2019 payout of 54% (of net profits) is far lower than that for the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[190,139,130],"tags":[],"class_list":["post-265054","post","type-post","status-publish","format-standard","hentry","category-coal-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/265054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=265054"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/265054\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=265054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=265054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=265054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}