2 days ago
Vedanta board to meet on June 18 to consider interim dividend. Check record date
Vedanta
has announced a board meeting on June 18 to consider its first interim dividend for the financial year 2025–26. Shareholders as of June 24 will be eligible for any dividend declared.
Vedanta, a Mumbai‑headquartered diversified natural‑resources giant, has a long track record of shareholder returns . In FY25 alone, the company distributed Rs 35 per share through interim dividends, including Rs 11 in May 2024, Rs 4 in August 2024, Rs 20 in September 2024, and a fourth interim of Rs 8.50 in December 2024.
by Taboola
by Taboola
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Over the trailing 12 months, total dividend payout reached Rs 46 per share, yielding around 9% to 11% given its share price.
Vedanta is one of the world's largest diversified metals and mining companies, operating across sectors including zinc, aluminium, copper, iron ore, oil & gas, and power
It operates major businesses like
Hindustan Zinc
, BALCO, Sterlite Copper, Sterlite Energy, and
Cairn India
. As of FY24, Vedanta had consolidated revenues of approximately Rs 41,217 crore and net profit of Rs 3,483 crore.
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Vedanta's frequent interim dividends reflect strong cash flows from its metallurgical and mining operations and a robust earnings outlook. The board typically meets mid‑year and year‑end to declare interim payouts. The upcoming June 18 meeting aligns with this established strategy.