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Bloomberg Quint

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Image Credit: Bloomberg Quint

Vedanta To Consider First Interim Dividend For FY26 Next Week

  • Vedanta Ltd. will meet on June 18 to consider and approve the first interim dividend for FY26, with a record date set for June 24.
  • Investors could benefit from Vedanta's substantial 9.5% dividend yield, with the company leading in dividend income in the market.
  • The company's strong dividend track record and March-quarter net profit of Rs 3,483 crore support investor interest.
  • Vedanta's share price settled at Rs 457.8 apiece on the BSE, showing a slight decline ahead of the dividend announcement.
  • Analysts suggest Vedanta could be a 'buy' considering its dividend strength and upcoming demerger, with positive price targets and ratings.

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