Vedanta Dividend 2024 Record Date: Early Christmas Gift Likely For Vedanta Shareholders Next Week

Next week is very crucial for shareholders of Vedanta Limited as the natural resources company is likely to consider and announce an interim dividend for the Financial Year 2023-24 on December 18.

In an exchange filing on Thursday the company noted, "Pursuant to Regulation 29 of Listing Regulations, Notice is hereby given that the meeting of the Board of Directors of the Company (the "Board") is proposed to be scheduled on Monday, December 18, 2023, to consider and approve the Second Interim Dividend on equity shares, if any, for the Financial Year 2023-24."

Vedanta dividend record date

Vedanta has fixed December 27 as the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared.

The Mumbai-headquartered said Thursday, "...the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Wednesday, December 27, 2023."
The metals-to-mining conglomerate said that the trading Window shall continue to remain closed for dealing in securities of the Company for all Designated Persons from Thursday, December 14, 2023, till Wednesday, December 20, 2023 (both days inclusive).

Vedanta Ltd Dividend History:

According to Trendlyne, Vedanta Ltd. has declared 40 dividends since July 23, 2001.

In the past 12 months, Vedanta Ltd. has declared an equity dividend amounting to Rs 51.50 per share. At the current share price of Rs 254.65, this results in a dividend yield of 20.22%.

Ex-Date	Amount	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

Vedanta Second quarter results:

For the second quarter of the financial year, the company's revenue from operations rose 6.37% at Rs 38,546 crore. During this period, the Anil Agarwal company's EBITDA stood at Rs 11,080 crore, up 52.2% compared to Rs 7,282 crore in the year-ago period.

Vedanta Limited Share Price Performance:

In the last six months, Vedanta shares have fallen 9.37%, and the stock's year-to-date (YTD) performance is down 19.41%. In the last one year the share price of Vedanta has fallen 19.36% and it has fallen 29.22% in the last two years.

About Vedanta:

Vedanta Limited is one of the world's foremost natural resources company. The company is uniquely diversified company across the natural resources spectrum with interests in Oil and gas, Zinc-Lead-Silver, Aluminium, Iron Ore, Steel, Copper, Ferro Alloys, Power, Nickel, Semiconductor, and Glass. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange. Vedanta has world-class strategic assets based across India, South Africa, Namibia and Liberia. Anil Agarwal is currently serving as the Non-Executive Chairman of the company.