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Vedanta board to meet on June 18 to consider interim dividend. Check record date
Vedanta board to meet on June 18 to consider interim dividend. Check record date

Time of India

time2 days ago

  • Business
  • Time of India

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 Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Overheid geeft huiseigenaren geld om dak te isoleren Isolatie Experts Meer lezen Undo 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. Live Events 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.

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