Vedanta Dividend Latest News: Record Date, Payment Date & History

Vedanta Dividend 2020: Vedanta Dividend Record Date, History, Payment Date, Payment Date, Payout Date, dividend history, Interim & Final Dividend per share

Vedanta declares interim dividend of ₹9.5 per share aggregating to ₹3,500 cr

Days after its bid for delisting failing, the Vedanta board on Saturday approved interim dividend of ₹9.50 per share. Record date for the same is 31 October.

“The Board of Directors of the Company through resolution passed by circulation on Saturday, October 24, 2020 have approved First Interim Dividend of ₹ 9.50 per equity share i.e. 950 % on face value of Re. 1/- per share for the Financial Year 2020-21 amounting to ₹3,500 Crores.

The record date for the purpose of payment of dividend is Saturday, October 31, 2020. The interim dividend will be paid within stipulated timelines as prescribed under law,” the company said in a stock exchange filing.

On October 10, Vedanta Ltd announced that its voluntary delisting offer — to acquire the balance shareholding in Mumbai-listed Vedanta Ltd and then delisting it from the stock exchange — had failed at the reverse book building stage.

The total number of shares tendered by Vedanta Ltd’s public shareholders fell 7 per cent short of the mandatory minimum 90 per cent for successful delisting.

Also Check:- Latest Dividend Paying Stocks

Vedanta Dividend declared

Announcement Record Date Dividend Type Dividend % Dividend Price
22/10/2020 28/11/2020 Interim 950% Rs. 9.50/share
26/02/2020 19/05/2020 Interim 390% Rs. 3.90/share
05/03/2019 13/03/2019 Interim 185% Rs. 1.85/share
31/10/2018 06/11/2018 Interim 1700% Rs. 17/share
09/03/2017 20/03/2018 Interim 2120% Rs. 21.20/share

Latest Dividends 2020

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