Vedanta Approves Third Interim Dividends, Key Takeaways

The mining major Vedanta announced the third interim dividend of Rs 17.50 per equity share to its equity shareholders on Tuesday

The company approved a 1750% dividend on the face value of Rs 1 per share for the financial Year 2022-23 amounting to Rs 6,505 crore.

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Vedanta had earlier approved the first interim dividend of Rs 31.5 and a second interim dividend of Rs 19.50 per equity share.

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The record date for the purpose of payment of the dividend is November 30, the company said

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For the year ending March 2022, Vedanta has declared an equity dividend of 4500.00% amounting to Rs 45 per share

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The company has a good dividend track report and has consistently declared dividends for the last 5 years

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Shares of the firm ended at Rs 310.40 on the NSE on November 22, up 0.81 percent from its previous close

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Bajaj Finance Share Price Target 2022

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