Vedanta Shares Rise Ahead Of Dividend Board Meeting Today; Check Vedanta Dividend 2024 Record Date

Today is a special day for shareholders of Vedanta Limited as the Anil Agarwal-led natural resources company will consider and announce an interim dividend for the Financial Year 2023-24, today (December 18). Vedanta shares were spotted trading 1.92% higher at Rs 262.10 per share at 12:42 pm IST. In the last three months, the share price of Vedanta Limited has gained 10.72%.

If the mining major declares any dividend today, the record date for any such dividend will be December 27.
Last week, in an exchange filing 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 41 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 today's intraday price of Rs 261.80, the company has a dividend yield of 19.67%.

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 6.60%, and the stock's year-to-date (YTD) performance is down 17.16%. In the last one year, the share price of Vedanta has fallen 14.96% and it has fallen 21.21% in the last two years.

Vedanta to hold a meeting tomorrow to consider the proposal for issuance of Non-Convertible Debentures

The Company has proposed to hold a meeting of its duly constituted Committee of Directors on Tuesday, December 19, 2023, to consider the proposal for issuance of Non-Convertible Debentures on a private placement basis as part of its routine refinancing that is undertaken in the ordinary course of business.

About Vedanta Limited:

Vedanta Limited is one of the world's foremost natural resources conglomerates, with primary interests in aluminum, zinc-lead-silver, oil and gas, iron ore, steel, copper, power, ferroalloys, nickel, semiconductor, and glass. With world-class strategic assets based across India, South Africa, Namibia, and Liberia, we are rightly positioned to create long-term value with superior cash flows. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange.