Live Breaking News & Updates on Vedanta Interim Dividend
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The board of Vedanta Ltd on Monday approved the second interim dividend of Rs 11 per equity share. The dividend is equivalent to 1100% on face value of Rs 1/- per equity share for the financial year 2023-24 which amounts to Rs 4,089 crore. The record date for the purpose of payment of dividend has been fixed as Wednesday, December 27, 2023 and the interim dividend shall be duly paid within the stipulated timelines as prescribed under law. ....
Vedanta shares closed at Rs 253.20 on BSE, up 2.63 per cent. The scrip is down 19.9 per cent year-to-date. The dividend outgo by Vedanta has surged in the last few years.
Vedanta dividend: The board of directors of Vedanta Ltd is going to consider and approve fifth interim dividend. The dividend stock has informed stock exchanges about the board meeting and its agenda in its communication. In previous four interim dividends, net interim dividend declared by Vedanta is Rs 81 per share in FY23. Watch this Business Today Visual Story to know Vedanta dividend history, dividend yield and more. ....
As per the latest Axis Securities report, Vedanta topped the charts in large-cap space with the highest dividend yield of 28.6%. In the last 12 months, the company paid ₹81 per share as a dividend benefit. ....