Shares of Vedanta, a major metals company led by veteran businessman Anil Agarwal, jumped nearly 3% in Tuesday’s trading session. The rise came after the company announced a new dividend for its investors.
On Monday, the company’s board approved a proposal to pay a third interim dividend of ₹11 per equity share for the financial year 2026.
The total dividend payout approved is around ₹4,300 crore, according to an exchange filing made after market hours.
Record Date and Ex-Dividend Date Details
Vedanta had already set March 28 as the record date to decide which shareholders will receive the dividend. This means only those who own Vedanta shares on or before this date will be eligible for the payout.
Because of this record date, Vedanta shares will trade ex-dividend on March 27, meaning new buyers on or after this date will not receive the dividend.
Strong Dividend History of Vedanta
According to Trendlyne data, Vedanta is well known among investors for regularly paying dividends. With this latest announcement, the company’s total dividend for the 2025–26 financial year has reached ₹34 per share.
Earlier, Vedanta had declared dividends of ₹7 in June and ₹16 in August of the previous year. Since July 23, 2001, the company has declared a total of 49 dividends.
Based on the current share price, Vedanta’s dividend yield is over 3.5%, making it attractive for income-focused investors.
Why Companies Pay Dividends
Companies share a part of their profits with shareholders in the form of dividends. This is a reward for investors who put their money and trust in the business.
Dividends also help keep investors interested in holding the stock for a long time. Companies that pay regular dividends are often seen as financially strong because it shows they have extra profits after meeting their business needs.
