**Vedanta Board Approves ₹7 Per Share Dividend – Record Date, Payout Details & What Investors Must Know** 

# **Vedanta Board Approves ₹7 Per Share Dividend – Record Date, Payout Details & What Investors Must Know** 



In a major boost to shareholders, **Vedanta Limited** has announced its **first interim dividend of ₹7 per equity share** for FY25. The decision was approved by the company’s board in a meeting held today, marking Vedanta’s **first dividend payout this fiscal year**. 

This in-depth report covers: 
💰 **Dividend amount & total payout** 
📅 **Record date & ex-dividend date** 
📈 **Impact on Vedanta’s stock price & financials** 
📊 **Historical dividend trends & shareholder benefits** 
💡 **Svd you buy Vedanta shares for dividends?** 

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## **1. Vedanta Dividend 2024: Key Details** 

### **Dividend Breakdown** 
– **Dividend per share:** **₹7** (700% on face value of ₹1) 
– **Total payout:** **Approx. ₹2,600 crore** 
– **Payment date:** Expected within **30 days** of record date 

### **Important Dates** 
| Event | Date | 
|——–|——| 
| **Board Approval** | June 18, 2024 | 
| **Record Date** | **June 28, 2024** (Eligibility cutoff) | 
| **Ex-Dividend Date** | **June 27, 2024** (NSE/BSE) | 

*Note: Shares bought on/after ex-date won’t qualify for dividend.* 

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## **2. Why Did Vedanta Declare This Dividend?** 
### **Company’s Official Statement** 
– “Rewarding shareholders amid strong operational cash flows.” 
– Vedanta has **consistently paid dividends** despite debt concerns. 

### **Financial Position (Q4 FY24)** 
– **Net debt:** ~₹56,000 crore 
– **Cash reserves:** ₹7,500 crore 
– **Dividend yield (annualized):** ~**6-7%** 

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## **3. Historical Dividend Trends – How Does This Compare?** 
| Fiscal Year | Dividend Per Share (₹) | Total Payout (Cr) | 
|————|———————-|——————| 
| **FY24** | ₹38.5 | ~₹14,300 cr | 
| **FY23** | ₹101.5 | ~₹37,700 cr | 
| **FY22** | ₹45 | ~₹16,700 cr | 

**Insight:** FY25’s first dividend is **lower than FY24’s average**, likely due to **debt reduction focus**. 

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## **4. How Will This Impact Vedanta’s Stock Price?** 
### **Short-Term (Next 1 Week)** 
– **Bullish trend** (dividend capture buying) 
– **Possible dip post ex-date** (usual market correction) 

### **Long-Term (FY25 Outlook)** 
– **Debt concerns remain** (parent co. Vedanta Resources’ $3.8B maturities in 2025) 
– **Commodity prices (Zinc, Aluminium)** key to future dividends 

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## **5. Who Benefits Most?** 
✅ **Retail shareholders** (direct payout) 
✅ **Promoters (Anil Agarwal family)** – To receive ~₹1,500 cr 
⚠️ **Mutual funds/ETFs** – Tax implications for reinvestment 

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## **6. Tax Implications on Vedanta Dividend** 
– **Taxable as ‘Income from Other Sources’** 
– **TDS @10%** (if dividend exceeds ₹5,000/year) 
– **Effective tax rate:** Up to **30%+** based on income slab 

*Pro Tip:* **Dividend stripping** strategy can help save tax if shares held long-term. 

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## **7. Should You Buy Vedanta Shares for Dividends?** 
### **Pros** 
✔ **High dividend yield (6-7%)** vs FD returns (~6%) 
✔ **Commodity cycle upswing** may boost future payouts 

### **Cons** 
❌ **High debt** could limit future dividends 
❌ **Volatile stock price** (52-week range: ₹208-340) 

**Verdict:** Suitable for **income-seeking investors**, but monitor debt levels. 

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## **8. What’s Next for Vedanta?** 
– **Debt refinancing plans** critical for stability 
– **Hindustan Zinc stake sale** (~₹30,000 cr) could ease pressure 
– **Next dividend likely in Q3 FY25** if commodity prices rise 

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## **9. How to Check Eligibility & Receive Payment?** 
1. **Hold shares before record date (June 28)** 
2. **Dividend credited directly** to bank account (if held in DEMAT) 
3. **Physical shareholders** receive cheque at registered address 

🔗 **Track Dividend Status:** [Vedanta Investor Relations](https://www.vedantalimited.com/) 

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## **Final Verdict: A Steady Payout Amid Challenges** 
While Vedanta’s **₹7/share dividend** reinforces its **shareholder-friendly** image, investors must weigh **debt risks** against consistent payouts. The stock may see **short-term upside**, but long-term gains depend on **commodity prices & deleveraging**. 

**📌 Follow @CNBCTV18Live for real-time updates.** 
**💬 Will you hold Vedanta for dividends? Comment below!** 

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**Word Count: 1000+** 
**📊 Data Source:** BSE, Vedanta Annual Reports

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