Vedanta announces fifth interim dividend of ₹20.50 per share, record date fixed

“Approved the fifth interim dividend of ₹20.50 per equity share i.e., 2050 per cent on face value of ₹1/‐ per share for the financial year 2022‐23 amounting to ₹7,621 crores,” the company said in a regulatory filing.

The interim dividend will be paid within stipulated timelines as prescribed under law, the exchange filing further noted. This is in addition to ₹81 per share in dividends the Anil Agarwal’s company announced for FY23 so far

Dividends that Vedanta announced in FY23 so far

Anil Agarwal-led firm had announced its last dividend during third quarter results in January. Its board had approved a fourth interim dividend of ₹12.50 per equity share, amounting to ₹4,647 crore. Vedanta had announced its third interim dividend of ₹17.50 per share in November 2022, amounting to ₹6,505 crore. Its second interim dividend came in July last year when the firm announced a dividend of ₹19.50 per share, amounting to ₹7,250 crore. Prior to that, the company had announced its first interim dividend of ₹31.50 per share in April 2022, amounting to ₹11,710 crore. The total dividends it paid in FY23 so far amounted to ₹30,112 crore.

The share price of Vedanta closed 1.01 per cent up at ₹275.50 apiece on Tuesday.

US dollar rate

In early morning session, US dollar rate is under pressure as the US Dollar Index has come below 102 levels. In morning session on Friday, Dollar Index continue to remain below 102 at 101.835, around 0.01 per cent lower from its Thursday close.

Global markets: SGX Nifty to Asian stocks — key triggers for Indian stock market today

Asian stock market has opened upside on strong global market sentiments. SGX Nifty has given breakout today that signals strong opening on Dalal Street

Global market today: On ease in bank crisis in US, Wall Street extended its rally on Thursday and all three key indices finisher higher. In Singapore share market, SGX Nifty today opened upside and gave fresh breakout at 17,250, which signals strong opening on Dalal Street. US dollar rates are under pressure today as Dollar Index slipped below 102 levels.

Stock market in  U S

In American stock market, Dow Jones Index surged 0.43 per cent, S&P 500 index 0.57 per cent whereas tech heavy Nasdaq ascended 0.73 per cent.

Asian share market today

In early morning session, the Japanese Nikkei surged over 1 per cent, Shanghai index added 0.34 per cent, Hong Kong’s Hang Seng appreciated 1.84 per cent while KOSPI ascended to the tune of 1.01 per cent.

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