Vedanta board meeting next week to consider interim dividend

Business Business: Metals and mining major Vedanta’s board is scheduled to meet next week on June 18 to consider its first interim dividend of the financial year 2025-26 (FY26). In an exchange filing after market trading hours on Friday, Vedanta said, “The Board of Directors of the Company (“Board”) is scheduled to meet on Wednesday, June 18, 2025, to consider and approve the first interim dividend on equity shares, if any, for the financial year 2025-26.”

The Company has fixed June 24 as the interim dividend record date to determine the shareholders eligible for the said payout.

Vedanta Dividend History

Anil Agarwal-led Vedanta is one of the high dividend paying stocks with a dividend yield of 7.09%. In the last 12 months, Vedanta has declared a dividend of ₹32.50 per share, according to data from Trendlyne.

The last dividend declared by Vedanta was ₹8.50 per share, with a record date of December 24, 2024.

Earlier this week, its subsidiary Hindustan Zinc declared an interim dividend of ₹10 per share Dividends were paid, resulting in a windfall gain of ₹2,680 crore for Vedanta.

The company recently announced raising ₹5,000 crore through non-convertible debentures. Vedanta’s board on May 30 “considered and approved the issuance of unsecured, rated, listed, redeemable, non-convertible debentures (“NCDs”) on a private placement basis (each of face value up to ₹1,00,000/-) aggregating to ₹5,000 crore.”