Vedanta announced a third interim dividend of Rs 11 per equity share for the ongoing financial year 2025-26 on Monday, with the cumulative dividend payout amounting to Rs 4,300 crore. The Anil Agarwal-led company has already set Saturday, March 28, as the record date to determine shareholder eligibility for the dividend.
Markets will remain closed on March 28 (Saturday) as it falls on the weekend. This means that the shares must be credited to investors’ demat accounts by March 27 (Friday) to be eligible for the dividend payment. This makes March 27 the effective record date for the dividend.
Vedanta dividend history
Vedanta is popular among investors for its dividend payouts, having declared 49 dividends since July 23, 2001, according to Trendlyne data. At the current share price, Vedanta’s dividend yield stands at more than 5%.
Last year, the company announced two interim dividends, Rs 16 in August and Rs 7 in June. 2024 was a bumper year in terms of dividend payouts, as the company announced four dividends cumulatively worth Rs 43.5 per share.
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The fall in the share price also comes amid broader market weakness. Sensex declined around 1,000 points to 74,272, while Nifty 50 fell more than 291 points to 23,050 at 9.40 am. The sharp decline wiped off more than Rs 5 lakh crore from the total market capitalisation of all companies listed on BSE, dragging it down to Rs 426 lakh crore.
The Nifty Metal index declined more than 1% on Friday morning, with Hindustan Copper, Jindal Stainless Steel, Adani Enterprises and Welspun Corp accompanying Vedanta as the top losers on the sectoral index.This followed two consecutive sessions of gains for stock markets, recovering some losses from the previous selloff.
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