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Home News Vedanta announces fifth interim dividend of ₹20.50 per share, record date fixed

Vedanta announces fifth interim dividend of ₹20.50 per share, record date fixed

Vedanta,

On Tuesday, mining tycoon Anil Agarwal’s Vedanta Ltd. announced its fifth interim dividend, worth 7,621 crores, at 20.50 per equity share for the fiscal year 2022-23. The dividend record date has been set by the business for April 7, 2023.

approved the fifth interim dividend of 20.50 per equity share, or 2050 percent on face value, in the amount of 1/- per share for the fiscal year 2022-23, which will be 7,621 crore,” the business stated in a filing.

it is also 81 for each offer in the profit pronounced by the Anil Agarwal-drove organization for FY23 up until this point.

Dividends declared by Vedanta in FY23 so far

The Anil Agarwal-drove firm had reported its last profit during the second from last quarter brings about January. The company’s board had approved a Rs. 4 interim dividend. 12,50 for each equity share, or 4,647 crores.

In November 2022, Vedanta declared its third interim dividend, which was 17.50 rupees per share. The company declared a dividend of 19.50 rupees per share, or 7,250 crores, as its second interim dividend in July of the previous year.

The business had previously paid out its first interim dividend, which was Rs. 11,710 crores in April 2022, or 31.50 per share The total amount of dividends distributed thus far in FY23 is 30,112 crores.

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