Vedanta Dividend Date 2022: Stock trades higher on record date | Vedanta Dividend Share Price NSE
Vedanta Share Price NSE, Dividend Date 2022, News, Record Date: The momentum in the shares of the mining major comes on a day when the company will determine the eligibility of shareholders for the payment of third interim divided.
Vedanta Share Price NSE, Dividend Date 2022, News, Record Date: Shares of Vedanta Ltd, NSE: VEDL traded in green on Wednesday, November 30. The stock opened at Rs 301.00 on NSE and jumped more than 1.25 per cent to Rs 305.75 apiece at 10:06 AM.
The momentum in the shares of the mining major comes on a day when the company will determine the eligibility of shareholders for the payment of third interim divided. The record date for Vedanta interim dividend is November 30.
Zee Business panellist and Global Capital Market's Himanshu Gupta said a good catch-up move is expected in Vedanta and tagged a buy call on the counter for a price target of Rs 312.50/315. He said that stop loss should b Rs 302.
Vedanta Dividend 2022
Metal major Vedanta Limited has announced to pay a whopping 1750 per cent interim dividend to its shareholders. This translates into Rs 17.50 per equity share of the face value of Rs 1.
Vedanta Dividend Payout, Payment Date 2022
Vedanta in the filing said that the interim dividend will be paid within stipulated timelines as prescribed under law.
Vedanta Dividend History
Vedanta has so far, in the current financial year, has distributed interim dividend on two occasions. In May, the company paid Rs 31.50 dividend per share. In July, the company paid Rs 19.50 dividend per share.
In the last financial year, Vedanta paid Rs 45 dividend per share. Before that, the company paid Rs 9.5 dividend per share. In the preceding fiscal, it paid Rs 3.9 dividend per share. Before that, it had paid Rs 40.05 dividend per share.
Vedanta Share Price History
Vedanta stock has yielded a good return of around 11 per cent in the past one month.
The stock has a 52-week range of Rs 440.75 to Rs 206.00. At present levels, the stock has a market cap of Rs 1.13 lakh crore.
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