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Vedanta dividend 2023: Board meet today to consider 5th interim dividend in FY23

2023 Vedanta Dividend: At its meeting today, the Board of Directors of Vedanta Limited will consider and approve the interim dividend. In its exchange communication, Dividend Stock has informed the Indian exchanges of the board meeting’s agenda. Vedanta will announce its fifth interim dividend in FY 2022-23 if the dividend is declared today. In the last four break profits, the net interval profit pronounced by Vedanta is 81 for each offer in FY23. The dividend-paying stock has already specified April 7, 2023, as the Vedanta dividend record date (assuming it is declared today).

“Pursuant to Regulation 29 of the Listing Regulations, notice is hereby given that a meeting of the Board of Directors (“Board”) of the Company is proposed to be held on Tuesday, 28 March, 2023, to consider and approve the Fifth Interim Dividend, if any, on Equity Shares for the financial year 2022-23,” Vedanta stated in a notification to the Indian markets regarding the proposed 5th Interim Dividend.

Vedanta Dividend Record Date

“Please note that the record date for the purpose of determining the eligibility of equity shareholders for the said dividend, if declared, being fixed as Friday, April 7, 2023,” Vedanta further informed the Indian markets regarding the record date for the payment of the fifth dividend in FY 2023.

Vedanta Dividend History

In the financial year 2022-23, Vedanta declared an interim dividend four times, as previously mentioned. According to information on the BSE website, Vedanta traded ex-dividend on May 6, 2022, in anticipation of receiving its first interim dividend for FY23. 19.50 cents per share Vedanta traded ex-dividend for the third time in FY23 on November 29, 2022. 17.50 cents per share In a similar vein, on February 3, 2023, Vedanta’s ex-dividend stock traded for Rs 112.50 per share in an interim dividend. As a result, Vedanta has so far paid its shareholders an interim dividend of 81 cents per share for FY23.

Vedanta Dividend Yield

At the beginning of FY23, Vedanta’s share price was approximately 405 at Rs. As a result, Vedanta’s net dividend yield in FY23 so far is 20% [(81 / 405) x 100].

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