Vedanta dividend 2023 announcement: Mining major announces 1,100% payout — check out record date

Vedanta dividend 2023 news, Vedanta dividend history: The board of billionaire Anil Agarwal-led mining major Vedanta on Monday announced its second interim dividend of Rs 11 per equity share i.e. 1,100 per cent payout on the face value of Re 1 per share for the Financial Year 2023-24 to its shareholders amounting to Rs 4,089 crores. 

"Board of Directors of the Company, in its meeting held today i.e., on Monday, December 18, 2023, has approved the Second Interim Dividend of ₹ 11/- per equity share i.e. 1100% on face value of ₹ 1/- per equity share for the Financial Year 2023-24 amounting to c. ₹ 4,089 Crores." the company's regulatory filing read.

Vedanta dividend record date 2023

"The record date for the purpose of payment of dividend shall be Wednesday, December 27, 2023" the company's filing said. 

Vedanta dividend payout date 2023

 The interim dividend will be duly paid within the stipulated timelines as prescribed under law, the company's communique read.

Vedanta dividend history

The Mumbai-headquartered company in the past 12 months has declared equity dividends amounting to Rs 51.5 per share, as per data available on stock research portal Trendlyne.

Vedanta share NSE, Vedanta share price history

Vedanta shares ended 1.48 per cent or Rs 3.8 higher at Rs 261 on NSE. Vedanta shares have given a negative return of nearly 20 per cent so far this year.

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