Coal India is trading lower by 3.5% at Rs 336 after the stock turn ex-dividend today.
The state-owned coal company has fixed March 17, 2012 as the Record Date for the purpose of payment of interim dividend on equity shares for FY12.
The board of directors of the company at its meeting held on March 12, had approved payment of interim dividend for FY12 at Rs 9.50 per share of the face value of Rs 10.
A combined 60,000 shares have changed hands on the counter on opening deals on both the exchanges.