Vedanta dividend: Board to meet on this date to consider 1st payout of 2023-24

Vedanta dividend 2023: The board of billionaire Anil Agarwal-led mining major Vedanta is scheduled to meet next week to consider and approve its first interim dividend for the current financial year.

Vedanta dividend board meeting: When will payout be considered?

The board will meet on May 22 to consider the dividend.

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Vedanta dividend 2023 record date

Any such dividend approved in the meeting will have May 30 as the record date.

What is a record date?

The record date is a date that determines the shareholders eligible to benefit from corporate action such as a dividend.

Vedanta dividend history

Source: NSE

Vedanta share price history

Vedanta's stock has given a negative return of over 8 per cent in the last year (May 19, 2022). In comparison, the headline index Nifty 50 has rallied 14 per cent.

Vedanta Q4 results

Vedanta's net profit for the March quarter dropped 57 per cent to Rs 3,132 crore on softer commodity prices and impairment in the oil and gas business.

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