Coral India Finance & Housing Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2025, recommended Final Dividend of 0.40 per equity share.
CORALFINAC · price
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The Board of Directors of Coral India Finance & Housing Limited, at its meeting held on May 28, 2025, has recommended a final dividend of ₹0.40 per equity share for its shareholders. This is a modest dividend payout, typical of small-cap housing finance companies. The actual dividend yield will depend on the company's current market price and the total dividend (including any interim dividend) declared for the financial year. Shareholders will need to await the record date and AGM approval before becoming eligible for the payout.
The ₹0.40 final dividend is a small absolute payout and is unlikely to have a meaningful impact on the stock price or attract significant income-focused investors. For existing retail shareholders, it provides a minor cash return but does not signal a strong growth or shareholder-friendly capital allocation story.