Vedanta dividend

Vedanta Approves Third Dividend, Bringing Total FY25 Payout to Rs 13,474 Crore

Vedanta Ltd., led by Anil Agarwal, continues to reward its shareholders with substantial dividends. On Monday, the company approved its third interim dividend for the current financial year, amounting to Rs 20 per share. This latest approval brings the total dividend payout for FY25 to a significant Rs 13,474 crore. This consistent flow of dividends has played a crucial role in delivering strong returns to Vedanta’s shareholders.

Breakdown of Vedanta’s Dividend Payout for FY25

Vedanta has demonstrated its commitment to shareholder value through multiple dividend payouts this financial year:

• Third Interim Dividend: On September 2, 2024, Vedanta’s board approved a Rs 20 per equity share dividend, totaling Rs 7,821 crore.
• Second Interim Dividend: On July 26, 2024, the board approved a dividend of Rs 4 per share, amounting to Rs 1,564 crore.
• First Interim Dividend: In May 2024, a dividend of Rs 11 per share was approved, totaling Rs 4,089 crore.

This brings the cumulative dividend payout for FY25 to Rs 13,474 crore, reflecting Vedanta’s strong financial performance and commitment to its shareholders.

Historical Dividend Performance

In the previous financial year, 2023-24, Vedanta declared a total interim dividend of Rs 29.5 per share, which amounted to Rs 10,966 crore. The company’s consistent dividend payouts, along with capital appreciation, have significantly benefited its investors. As of June 30, 2024, Vedanta reported a five-year total shareholding return of 276% and a dividend yield of 65%, showcasing the robust returns generated for its shareholders.

Financial Performance Highlights

Vedanta’s strong financial performance is also evident in its profit after tax (PAT) for Q1 FY25, which grew by 54% year-on-year to Rs 5,095 crore. This impressive growth underlines the company’s ability to generate substantial profits and reward its shareholders accordingly.

L&T Forms New Renewable EPC Business Vertical

In a related industry development, Larsen & Toubro (L&T) announced on Monday that it has created a new business vertical dedicated to renewable engineering, procurement, and construction (EPC) within its infrastructure projects segment. This vertical has been carved out of L&T’s power transmission and distribution business, with Senior Vice-President A Ravindran appointed as its head.

Conclusion:

Vedanta’s consistent dividend payouts, strong financial performance, and strategic decisions indicate a positive outlook for its shareholders. Vedanta dividend, With a total dividend payout of Rs 13,474 crore for FY25 so far, the company continues to deliver substantial returns, reinforcing its position as a reliable investment choice in the Indian market.

FAQs:

1.What is the total dividend payout by Vedanta for FY25 so far?

A. Vedanta has declared a total dividend payout of Rs 13,474 crore for FY25 so far.

2.How much is the third interim dividend approved by Vedanta?

A. The third interim dividend approved by Vedanta is Rs 20 per equity share, totaling Rs 7,821 crore.

3.What was the total dividend declared by Vedanta in FY24?

A. In FY24, Vedanta declared a total dividend of Rs 29.5 per share, amounting to Rs 10,966 crore.

4.What is Vedanta’s five-year total shareholding return as of June 30, 2024?

A. Vedanta’s five-year total shareholding return is 276%, with a dividend yield of 65%.

5.How has Vedanta’s profit after tax (PAT) performed in Q1 FY25?

A. Vedanta’s PAT grew by 54% year-on-year to Rs 5,095 crore in Q1 FY25.

6.What new business vertical has L&T announced?

A. L&T has announced a new business vertical for renewable EPC, carved out from its power transmission and distribution business.

7.Who is leading L&T’s new renewable EPC vertical?

A. Senior Vice-President A Ravindran has been appointed as the head of L&T’s new renewable EPC vertical.

8.How does Vedanta’s dividend strategy benefit its shareholders?

A. Vedanta’s consistent dividend payouts provide steady income to shareholders and contribute to long-term capital appreciation.

9.What is the significance of Vedanta’s dividend yield?

A. Vedanta’s dividend yield of 65% reflects the strong returns the company provides to its investors, making it an attractive investment.

10.What can shareholders expect from Vedanta in the future?

A. Shareholders can expect continued strong financial performance, regular dividends, and strategic growth initiatives from Vedanta.

Vedanta dividend

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