Vedanta dividend declared

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The board of Vedanta Ltd on Monday approved the second interim dividend of Rs 11 per equity share. The record date for the purpose of payment of dividend has been fixed as Wednesday, December 27, and the interim dividend shall be duly paid within the stipulated timelines as prescribed under law. Vedanta had earlier in May declared its first interim dividend of Rs The stock had turned ex-dividend on May In May , Vedanta declared its first interim dividend of Rs The dividend outgo by Vedanta has surged in the last few years. In FY23, it paid a total dividend of Rs 37, crore.

Vedanta dividend declared

In the past 12 months, Vedanta has declared an equity dividends amounting to Rs A dividend yield is a financial ratio that determines how much money a company rewards its shareholders with in the form of dividends each year relative to its stock price. It is calculated by dividing the amount of dividend per share by the price per share. On Thursday, Vedanta shares finished 0. Vedanta reported a consolidated net loss of Rs 1, crore for the second quarter of the financial year, citing an one-time exceptional item in its balance sheet as a result of adoption of new tax rate. Its consolidated quarterly income increased to Rs 39, crore from Rs 37, crore a year ago, according to a regulatory filing. Read more about Vedanta Q2 results. Catch the latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz. Business News » Stocks News. Image: Reuters. MoSPI says infra projects hit by cost overrun of Rs 4. Mcap of 8 of top valued firms soars to Rs 1. Earthquake Today: 4. Mahindra Holidays to invest up to Rs 4, crore for doubling room capacity to 10,

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Billionaire Anil Agarwal-led Vedanta Ltd on May 22 said that its board has approved the first interim dividend for the financial year of Rs The record date for the purpose of payment of dividend is Tuesday, May 30, , the mining and metals company further stated. Ahead of the announcement , shares of Vedanta closed 1. On April 6, the Mumbai-based company made an announcement regarding an interim dividend of Rs The company aims to borrow the money via its Zinc International unit. The company's profit in the three months ended March declined to Rs 1, crore from Rs 5, crore a year earlier. The company's net debt stood around Rs 44, crore, up percent YoY due to dividend payout and higher capex. Its cash and cash equivalent stood at around Rs 21, crore. Discover the latest business news , Sensex , and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Vedanta dividend declared

For the year ending March Vedanta has declared an equity dividend of At the current share price of Rs The company has a good dividend track report and has consistently declared dividends for the last 5 years.

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It turned ex-dividend on May New superstar addition: Sunil Singhania's Abakkus. Shares will trade ex-split on December Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv. Recommended For You. Nikita Prasad. My Account. How good are your current hold decisions? Tools and Calculators. In the past 12 months, Vedanta Ltd.

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Portfolio Report. Wait for it… Oops! In September, Vedanta Ltd launched a sweeping overhaul , carving up the metals-to-oil conglomerate into six separate businesses. New Investor Presentations. Options Chain: Long Buildup. Forecaster Dashboard. Clear all. Notes And Parameters. Relative Returns. Elections Stocks gaining ahead of results. New superstar addition: Sunil Singhania's Abakkus. Stock Market Widgets.