Vedanta dividend 2023 News: Announcement today - Ex date, record date fixed | Vedanta Share Price NSE, Q3 Result 2023 Date

Vedanta Dividend 2023, Vedanta Dividend Record Date 2023, Vedanta Share Price NSE: Mining company Vedanta Limited, NSE: VEDL, has fixed the record date for the payment of dividend to its shareholders. The company will consider a proposal for fourth interim dividend for the Financial Year 2022-23 in its board meeting today, January 27.

Vedanta Dividend 2023 Ex Date

The stock will trade ex date on February 3. 

Vedanta Dividend 2023 Record Date

According to an exchange filing by the company, the Vedanta board has fixed February 4, Saturday as the record date for determining the eligibility of shareholders for the payment of dividend amount if approved today.

"...the Board of Directors of the Company (the “Board”) on Friday, January 27, 2023, will consider and approve Fourth Interim Dividend on equity shares, if any, for the Financial Year 2022-23," the company's exchange filing read.

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Dividend is one of the corporate actions. A stock dividend is an amount that is paid in cash to shareholders by a listed company. The stock dividend is basically rewarding shareholders without reducing the cash balance of the company.

Vedanta Q3FY23 Result Date

The board will also consider and approve unaudited standalone and consolidated financial results for the third quarter on January 27.

Also, read- Wipro Dividend 2023: Stock trades ex-date; Check record date and payout date | Wipro share price NSE

Vedanta Share Price NSE

The stock is trading in red on Tuesday, January 24. At 11:43 AM, the stock quoted Rs 328.95, down by 0.061 per cent on NSE.

Vedanta Dividend History

Vedanta Dividend Share Price History

In the past 6 months, Vedanta shares have yielded around 27 per cent return to investors. The stock's 52-week range is Rs 440.75 - Rs 206.00. At current levels, the company has a market cap of Rs 1.22 lakh crore.