Vedanta Limited operates as a diversified natural resources company in India. It explores for, develops, extracts, produces, processes, and sells oil and gas, zinc, lead, silver, copper, aluminum, iron ore, steel, pig iron, and metallurgical coke. The company also operates a thermal coal-based commercial power facility of 600 megawatts (MW) at Jharsuguda in the State of Odisha in eastern India; 2 units of 300 MW thermal coal based power plants at Korba; 1,980 MW thermal coal- based commercial power facilities; 274 MW of wind power plants; and a power plant situated at Mettur Dam in the state of Tamil Nadu in southern India. In addition, it manufactures and supplies billets, TMT bars, wire rods, and ductile iron pipes; mechanizes coal handling facilities and upgrades general cargo berth for handling coal at the outer harbor of Visakhapatnam Port on the east coast of India; and provides logistics and other allied services inter alia rendering stevedoring, and other allied services in ports and other allied sectors. Further, the company is involved in manufacturing glass substrates in South Korea and Taiwan. It also operates in Europe, China, the United States, Turkey, Mexico, Malaysia, South Africa, Namibia, Ireland, Australia, Liberia, and the United Arab Emirates. The company was formerly known as Sesa Sterlite Limited and changed its name to Vedanta Limited in March 2015. The company was founded in 1954 and is headquartered in Mumbai, India. Vedanta Limited operates as a subsidiary of Vedanta Resources Limited.
Vedanta Dividend Announcement
• Vedanta announced a quarterly dividend of ₹20.00 per ordinary share which will be made payable on 2024-10-02. Ex dividend date: 2024-09-10
• Vedanta annual dividend for 2024 was ₹35.00
• Vedanta annual dividend for 2023 was ₹62.50
• Vedanta's trailing twelve-month (TTM) dividend yield is 10.05%
• Vedanta's dividend growth over the last five years (2018-2023) was 10.35% year
• Vedanta's dividend growth over the last ten years (2013-2023) was 44.27% year
Vedanta Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-10 | ₹20.00 | quarterly | 2024-10-02 |
2024-08-02 | ₹4.00 | quarterly | 2024-08-25 |
2024-05-24 | ₹11.00 | quarterly | 2024-06-15 |
2023-12-27 | ₹11.00 | quarterly | 2024-01-17 |
2023-05-30 | ₹18.50 | quarterly | 2023-06-21 |
2023-04-06 | ₹20.50 | quarterly | 2023-04-27 |
2023-02-03 | ₹12.50 | quarterly | 2023-02-26 |
2022-11-29 | ₹17.50 | quarterly | 2022-12-22 |
2022-07-26 | ₹19.50 | quarterly | 2022-08-18 |
2022-05-06 | ₹31.50 | quarterly | 2022-05-28 |
2022-03-09 | ₹13.00 | quarterly | 2022-04-01 |
2021-12-17 | ₹13.50 | quarterly | 2022-01-10 |
2021-09-08 | ₹18.50 | quarterly | 2021-10-01 |
2020-10-28 | ₹9.50 | quarterly | 2020-11-23 |
2020-03-05 | ₹3.90 | quarterly | 2020-03-28 |
2019-03-13 | ₹1.85 | quarterly | 2019-04-05 |
2018-11-06 | ₹17.00 | quarterly | 2018-11-30 |
2018-03-20 | ₹21.20 | quarterly | 2018-04-12 |
2017-04-11 | ₹17.70 | quarterly | 2017-04-29 |
2016-11-07 | ₹1.75 | quarterly | 2017-08-01 |
2015-10-30 | ₹3.50 | quarterly | 2015-11-26 |
2015-07-06 | ₹2.35 | quarterly | |
2014-11-03 | ₹1.75 | quarterly | 2014-11-28 |
2014-07-04 | ₹1.75 | quarterly | 2014-08-08 |
2013-11-06 | ₹1.50 | quarterly | 2013-11-28 |
2013-05-31 | ₹0.10 | quarterly | 2013-07-25 |
Vedanta Dividend per year
Vedanta Dividend growth
Vedanta Dividend Yield
Vedanta current trailing twelve-month (TTM) dividend yield is 10.05%. Interested in purchasing Vedanta stock? Use our calculator to estimate your expected dividend yield:
Vedanta Financial Ratios
Vedanta Dividend FAQ
Other factors to consider when evaluating Vedanta as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Vedanta's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Vedanta publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Vedanta distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Vedanta are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Vedanta sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Vedanta distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vedanta declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Vedanta's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Vedanta's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.