Vedanta dividend declared

The board of Vedanta Ltd on Monday approved the second interim dividend of Rs 11 per equity share.

Shares of Vedanta Ltd will be in focus on Tuesday morning after the Anil Agarwal-led company announced a second interim dividend of Rs 11 per share for FY24, amounting to Rs 4, crore. Vedanta said the record date for the purpose of payment of dividend will be Wednesday, December The interim dividend, Vedanta said, would be duly paid within the stipulated timelines as prescribed under law. Earlier this year, Vedanta's board of directors, through a resolution passed by circulation on May 22, approved the first interim dividend on It turned ex-dividend on May Before this, Vedanta shares turned ex-dividend in April Rs

Vedanta dividend declared

The record date for payment of dividend shall be Wednesday, December 27, ," the company said in its stock exchange filing. Vedanta shares have soared by nearly 4 per cent since the company declared of announcing interim dividend on December In another development, Vedanta's committee of directors will consider the proposal for issuance of Non-Convertible Debentures NCDs on a private placement basis in its meeting going to take place on Tuesday. The issuance of NCDs is also a part of the company's routine refinancing undertaken in the ordinary course of business. Milestone Alert! Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away! Login Now! Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image. You are now subscribed to our newsletters. Hello User. Sign in.

Interestingly, these dividend announcements come right ahead of Vedanta's debt repayment deadline.

Dividend Stocks: Shares of some companies, including Vedanta Limited and few others will trade ex-dividend in the coming week, starting from Monday, December Some other companies will also trade ex-ex-bonus, while some have announced a buy back of shares next week. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all shareholders whose names appear on the company's list by the end of the record date.

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Vedanta dividend declared

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.

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Education Jobs Lifestyle. Debt funds for conservative investors. Vedanta said the record date for the purpose of payment of dividend will be Wednesday, December View All. MoSPI says infra projects hit by cost overrun of Rs 4. Login Now. Relative Value. Set watchlist alerts. In terms of technicals, the relative strength index RSI of Vedanta stands at Looks like you have exceeded the limit to bookmark the image. My Backtests. CryptoCurrencies View Less -. Market cap of the firm rose at Rs 96, crore. Earnings Trends in your Portfolio. The quantum of dividend outgo by Vedanta has climbed in the last few years.

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Shares will trade ex-bonus on December This means for every share held before the split, each stockholder will have two or three shares, respectively, after the split. Next Story. Set watchlist alerts. Top Gainers. Debt funds for conservative investors. Vedanta shares have soared by nearly 4 per cent since the company declared of announcing interim dividend on December Vedanta's board will also meet on Tuesday, December 19 to consider a proposal to raise funds. Valuation Trends in your Portfolio. My Newsfeed. Powered by.