Vedanta Dividend 2024 Record Date: Greetings, readers! As we navigate the dynamic landscape of financial news, our spotlight turns to Vedanta Limited, a key player in the natural resources sector. The buzz in the market is palpable as Vedanta gears up for a significant announcement regarding its dividend for the year 2024. In this update, we bring you the latest on the eagerly awaited “Vedanta Dividend 2024 Record Date,” slated for release next week. Join us as we unpack the details, implications, and what this news could mean for investors. Stay tuned for a closer look at the unfolding developments in the world of dividends.
In a filing with the exchange on Thursday, the company stated, “In accordance with Regulation 29 of Listing Regulations, this serves as notice that the Board of Directors’ meeting is planned for Monday, December 18, 2023. The agenda includes the consideration and approval of the Second Interim Dividend on equity shares, if applicable, for the Financial Year 2023-24.”
Vedanta Dividend 2024 Record Date
The Mumbai-based company stated on Thursday that it has fixed Wednesday, December 27, 2023, as the record date for determining the entitlement of equity shareholders to the potential dividend, if declared.
#vedanta may declare dividend. pic.twitter.com/9QflUHpZ6n
— Wealthetree (@Wealthetreeind) December 14, 2023
During this period, from Thursday, December 14, 2023, to Wednesday, December 20, 2023 (both days inclusive), the trading window will remain closed for all Designated Persons dealing in the company’s securities.
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Vedanta Ltd. Dividend History- Have a Look
| Dividend History – Vedanta Ltd | |
|---|---|
| Total Dividends Declared (Since July 23, 2001) | 40 |
| Dividend Declared in the Past 12 Months | Rs 51.50 per share |
| Current Share Price | Rs 254.65 |
| Dividend Yield | 20.22% |
| Ex-Date | Amount (Rs) | Record Date |
|---|---|---|
| May 30, 2023 | 18.50 | May 30, 2023 |
| April 6, 2023 | 20.50 | April 7, 2023 |
| Feb 3, 2023 | 12.50 | Feb 4, 2023 |
| Nov 29, 2022 | 17.50 | Nov 30, 2022 |
| July 26, 2022 | 19.50 | July 27, 2022 |
| May 6, 2022 | 31.50 | May 9, 2022 |
| March 9, 2022 | 13.00 | March 10, 2022 |
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Vedanta Ltd. Second Quarter Result
In the second quarter of the fiscal year, Vedanta saw a 6.37% increase in revenue from operations, reaching Rs 38,546 crore. Notably, the company’s EBITDA during this period surged to Rs 11,080 crore, marking a significant 52.2% growth compared to Rs 7,282 crore in the same period last year.
Vedanta Ltd. Share Price Performance – Lasts 6 Month
Over the past six months, Vedanta shares have experienced a 9.37% decline, with a year-to-date (YTD) performance decrease of 19.41%. Looking back over the last year, the share price of Vedanta Ltd. has fallen by 19.36%, and over the last two years, it has seen a decline of 29.22%.
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About Vedanta Ltd.
Vedanta Limited is an Indian global diversified natural resources company with interests in metals and mining, oil and gas, and energy. It is a subsidiary of Vedanta Resources Limited, a London-listed company. Vedanta Limited’s headquarters is in Mumbai, India. The company has a significant presence in various sectors, including iron ore, aluminum, copper, zinc, lead, silver, and oil and gas.
Vedanta’s operations are spread across India and other countries, and it plays a crucial role in the production and exploration of natural resources. The company is known for its involvement in mining activities, refining processes, and the production of various metals. Additionally, Vedanta has interests in the energy sector, contributing to India’s energy needs.
FAQs
Q. What is Vedanta dividend 2024 record date?
On Thursday that it has fixed Wednesday, December 27, 2023, as the record date for determining the entitlement of equity shareholders to the potential dividend, if declared.
