Vedanta Shares Marathi News: Share holders of the mining company Vedanta Limited will soon get a happy news. In fact, the meeting of the Board of Directors of the Vedanta will be held on June 7, in which other things will be considered as well as dividends. The company has already fixed the record date to identify the shareholders who are eligible for dividends.
If Vedanta approves any dividend at the upcoming board meeting, it will be the first interim dividend of the financial year of 2-3 years. The company has a great record of refunds of shareholders. In the financial year 2-3, the mining company issued an interim dividend of Rs.
The company has given information in exchange files that if any dividend is announced on June 1, its record date will be June 7. In this case, the shares of the stockholders whose names are registered in the company’s record till this date will benefit the dividend. At the same time, investors who want to get the dividend of Vedanta will have to buy shares before 7th.
If anyone invests in the company after June 1, it will not be considered eligible for dividend. Because the settlement of the share of the shares was one day later. In this case, the settlement of the trading session on June 7 will be on June 7. That is, the names of the investors investing on June 7 will be registered in the company’s register on June 7.
The company has a great record of refunds of shareholders. In the financial year 2-3, the mining company issued an interim dividend of Rs. In May 1, the company issued a dividend of Rs 5 per share, while in August 1, a dividend of Rs. In addition, a dividend of Rs 5 per share was Rs. 5 per share in September 1 and Rs. In the last 6 months, the company has issued a total dividend of Rs 5, while its dividend income is 5% 1%.
On Friday, Shares of Vedanta Limited fell 8.5 percent to close at Rs. In the last one month, the stock has increased by more than 5 percent, while in the last 6 months, it has declined by about 5 percent. In addition, Vedanta investors have received more than 5 % return over a year. At present, its market capital is Rs 1.5 lakh crore.