Vedanta Ltd. has announced its third interim dividend of ₹20 per share, totaling ₹7,821 crore. This marks the highest dividend payout since April 2023.
Promoter Vedanta Resources will receive ₹4,409 crore, based on their 56.38% stake in the company. So far, Vedanta has paid ₹35 per share as dividends this financial year, including earlier payouts of ₹11 and ₹4 per share. The record date for the latest dividend is September 10, 2024. The company has raised nearly ₹20,000 crore through dividends and share sales, with its stock up 80% in 2024.