Vedanta to consider 5th interim dividend; check Vedanta dividend history
and more
Produced by: Harshita Tyagi
Designed by: Pragati
Anil Agarwal-led Vedanta is going to consider and approve interim dividend in its meeting scheduled on March 28. The dividend stock informed exchanges in its exchange communication.
Vedanta dividend 2023
If Vedanta approves and announces interim dividend on March 28,2023, then it would be the fifth interim dividend declared by the company in the financial year 2022-23.
Vedanta dividend 2023
In the previous four interim dividends, the net interim dividend declared by Vedanta is Rs 81 per share in FY23. The dividend paying stock has already announced April 7 as the record date for 5th interim dividend, if declared today.
Vedanta dividend
record date
Vedanta dividend history
Vedanta announced its last dividend during Q3FY23 results. Its board approved fourth interim dividend of Rs 12.50 per equity share. The company announced its third interim dividend of Rs 17.50 per share in November
Vedanta Ltd announced the second interim dividend in July 2022. It approved a dividend of Rs 19.50 per share, amounting to Rs 7,250 crore. Before that, the company announced its first interim dividend of Rs 31.50 per share in April, amounting to Rs 11,710 crore
Vedanta dividend FY23
Vedanta dividend outgo
The total dividend Vedanta has paid in FY23 so far amounts to Rs 30,112 crore. The debt-laden company announced dividends of Rs 45 per share for FY22, Rs 9.50 per share for FY21 and Rs 3.90 per share in FY20
Vedanta share price was at around Rs 405 apiece at the beginning of FY23. The dividend yield for Vedanta at Monday's closing price of Rs 272.70 stood at 29.70%
Vedanta dividend yield
Vedanta had cash and cash equivalents of Rs 23,474 crore and gross debt of Rs 61,550 crore on a consolidated basis, as on December 31, as per the recent quarterly results
Vedanta debt
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