Vedanta Announces 2nd Interim Dividend; Know Record Date

Minerals mining Giant Vedanta announced the second interim dividend. The Anil Agarwal-led company is going to give a dividend of Rs 11 on each share to its investors. Meanwhile, Vedanta shares closed at Rs 260.60 with a rise of 1.34 per cent.

Record date for Vedanta dividend

As per the announcement made by Vedanta, the company would give a dividend of 1100 per cent on a share with a face value of Re 1 will to eligible investors. That means lucky investors will get a profit of Rs 11 on each share they are holding. The company has fixed December 27, 2023, as the record date for the second interim dividend. The company's record book will be scrutinized on the same day.

Also Read: Lek Ladki Yojna: Government Provides Rs 1,01,000 To Girl Child; Check Eligibility And Other Details

Earlier, In the same financial year, in May, the company had given a dividend of Rs 18.50 on each share to the investors. In April, eligible investors got a dividend of Rs 20.50 on one share.

Vedanta Shares Performance in Share Market the stock market?

In the last 30 days, Vedanta's share prices have seen a rise of about 9 per cent. However, the stock has fallen 17 per cent in 12 months. In the last 5 years, Vedanta has given merely returns of 30 per cent. Meanwhile, the 52-week high value of the share has been Rs 340.75 and the 52-week low value has been Rs 207.85 per share.

41 Dividend since 2001

Since July 2001, Vedanta has declared 41 dividends. In the last year, Vedanta has paid an equity dividend of Rs. 51.50 per share.

Vedanta - A natural resources conglomerate with fundamental interests in aluminium, zinc-lead-silver, oil and gas, iron ore, steel, copper, energy, ferroalloys, nickel, semiconductors and glass.

Also Read: Do You Know? How Many UPI IDs Can You Create With Single Bank Account; Details Inside