1:5 Split Soon: BUY Vedanta Stock Ahead Of 3rd Interim Dividend Announcement On March 23? Target Above Rs 800

Vedanta Ltd, a metal giant stock will be in focus on March 23rd for its third interim dividend announcement for FY26. Vedanta is among the top 10 dividend yield and dividend-paying stock on Indian exchanges. However, ahead of the dividend announcement, Vedanta stock ended lower by 3% last week. Does this bring a buy-on-dips opportunity in Vedanta? To be eligible for interim dividend, there is a certain criteria an investor needs to follow.

Vedanta Ltd Share Price:

After market hours of March 22, 2026, Vedanta Ltd stock price closed at Rs 672.60 apiece on BSE, up by 1.12% on BSE with market cap of Rs 2,63,012.70 crore. The stock is less than Rs 100 away from touching its 52-week high of Rs 770 apiece.

Despite the surge, Vedanta stock price closed the week on a bearish note with 2.6% decline. Noteworthily, Vedanta stock has rallied by nearly 12% year-to-date.

Vedanta Ltd 3rd Interim Dividend:

In its regulatory filing, Vedanta Ltd said, "the Board of Directors of the Company (the "Board") is proposed to be scheduled on Monday, March 23, 2026, to consider and approve the Third Interim Dividend on equity shares, if any, for the Financial Year 2025-26."

The exact details of how much dividend will be paid, is going to be revealed on March 23. Vedanta has a long history of dividend payouts.

Since September 2003, the company delivered at least 45 dividends, as per Trendlyne data. In the last 12 months, the company awarded up to Rs 23 dividend per share alone for FY26. Its current market yield is at Rs 3.4%.

Not just dividend, Vedanta has also carried two bonus issues of 1:1 each in February 2005 and August 2008. While the stock has split once in the ratio of 1:10 in August 2008.

Vedanta Dividend Record Date:

To be eligible for dividend, investors would require to hold Vedanta stock as of its record date. The company fixed Saturday, March 28, as the ecord date to determine the entitlement of the equity shareholders. However, since the record date falls on Saturday, Vedanta stock will turn ex-dividend on March 27th which falls on Friday.

So, if you buy Vedanta shares after March 27, you will not be eligible for the third interim dividend.

Vedanta Demerger:

The dividend announcement comes ahead of Vedanta's demerger. Vedanta is in execution phase of a transformational demerger, leading to five separate listed companies. The demerger ratio is about 1:5.

According to Vedanta, each entity will have a clear strategic mandate, focused leadership teams, and dedicated capital structures. Also, this transition is expected to strengthen Vedanta's ability to grow as focused businesses while creating long-term value aligned with rapidly growing global and Indian demand.

That being said, 1 Vedanta will become:

Vedanta Aluminum

Vedanta Oil & Gas

Vedanta Power

Vedanta Iron & Steel

Vedanta Ltd, which will continue as parent company of Hindustan Zinc.

What will shareholders get? Post the demerger, for every share held in Vedanta Limited, shareholders will additionally receive one share each of the 4 newly demerged entities.

It will be keenly watched if Vedanta's board announces key important dates for the demerger on March 23.

Buy Vedanta Stock?

The consensus recommendation from 13 analysts for Vedanta is BUY. EPS is expected to grow by 33.9% in FY26, as per Trendlyne data. Of the total, 9 analysts have suggested STRONG BUY and 1 analyst recommends BUY on Vedanta. No analysts have suggested SELL. The average 1-year target price is fixed at Rs 808.77 apiece, signaling at potential of over 20% upside ahead.

Also, global brokerage, BofA Securities has upgraded its rating to BUY on Vedanta Ltd from their previous NEUTRAL stance. The target price is set at Rs 840, which is the highest as of now.

Disclaimer:The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.