Vedanta dividend declared

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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.

Vedanta dividend declared

The board of Vedanta Ltd on Monday approved the second interim dividend of Rs 11 per equity share. The record date for the purpose of payment of dividend has been fixed as Wednesday, December 27, and the interim dividend shall be duly paid within the stipulated timelines as prescribed under law. Vedanta had earlier in May declared its first interim dividend of Rs The stock had turned ex-dividend on May In May , Vedanta declared its first interim dividend of Rs The dividend outgo by Vedanta has surged in the last few years. In FY23, it paid a total dividend of Rs 37, crore. In the current session, the metal stock ended 1. Market cap of the firm rose at Rs 96, crore. In terms of technicals, the relative strength index RSI of Vedanta stands at Vedanta shares stand higher than the 10 day, 20 day, 30 day, 50 day but lower than the day, day and day moving averages.

A record date means shareholders who own shares of the company at that particular date will be eligible for the dividend payout.

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!

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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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Next Story. Vedanta said the record date for the purpose of payment of dividend will be Wednesday, December The record date for the same has been fixed as December Subscribe to continue This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Mahindra Holidays to invest up to Rs 4, crore for doubling room capacity to 10, Most Bullish. Market Cap. Your Message. The stock had turned ex-dividend on May Options Stock Screeners. Multi Cap Funds. Continue Reading. Recommended For You. Infra Pharma Real Estate.