Dividend Stocks: There will be a board meeting of Vedanta Limited on January 27. In this meeting, the company will take a decision regarding the dividend. If it is decided to issue dividend on behalf of the board in the board meeting, then it will be the fourth dividend for the current financial year. According to the information shared with the exchange, the record date has been fixed on February 4. In the year 2022, the company had declared a total of four dividends. If it is announced again, it will be the company's first dividend of the year 2023.
Vedanta Limited has issued a dividend of Rs 68.50 so far in the current financial year.
In the current financial year i.e. 2022-23, Vedanta Limited had announced the first dividend on 6th April. This dividend was 3150 percent i.e. Rs 31.50. The second dividend was declared on 19 July 2022. It was 1950 percent i.e. 19.50 rupees. The third dividend was declared on 17 November. It was 1750 percent i.e. 17.50 rupees. So far in the current financial year, the company has issued a dividend of Rs 68.50 per share.
The stock closed at Rs 330
Vedanta's stock closed at Rs 330 today. The 52 week high is Rs.441 and the 52 week low is Rs.206. In the last one month, there has been a jump of more than 16 percent in this stock. Vedanta's business is spread across dozens of segments like Mining, Metal, Zinc-Lead-Silver, Iron Ore, Steel, Copper, Aluminium, Power, Oil and Gas.
Vedanta's subsidiary Hindustan Zinc is also giving dividend
Recently Hindustan Zinc, a subsidiary of Vedanta, has declared a dividend of Rs 13. The company has announced an interim dividend of Rs 13 per share. The record date for this is January 30. Earlier, the company had declared a dividend of Rs 15.50 in November. A dividend of Rs 21 was issued in July. So far in the current financial year, the company has declared a total dividend of Rs 49.50 per share.
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