On September 2, the Vedanta board will discuss the third interim dividend for FY25.
According to a statement released by Vedanta Ltd. on August 28, its board will meet the following week to discuss and approve the third interim dividend for the current fiscal year (2024–25).
Vedanta Ltd. authorized its first interim dividend of Rs. 11 per share in May as well.
In FY23 and FY24, Vedanta Ltd. paid dividends of around Rs. 101.4 per share and Rs. 29.5 per share, respectively.
As of right now, the price of a share of Vedanta is Rs. 461.60, and by the end of the day, the stock price will have corrected.
Vedanta has a long history of paying dividends to its investors, and the company will announce its third interim dividend for FY25 next month.
Vedanta Limited, a global mining corporation with its headquarters in Mumbai, specializes in the mining of iron ore, gold, and aluminum in Goa, Karnataka, Rajasthan, and Odisha.