loading
loading
The dividend announcement marks the company's first since its demerger into five entities earlier this year. The company has fixed October 14 as the record date for the dividend. Under the T+1 settlement system, October 13 will effectively be the last day to purchase shares to qualify for the payout. Vedanta announces first dividend after demerger The dividend announcement comes after Vedanta demerged its businesses into five entities, with Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil and Gas, and Vedanta Iron and Steel spun off in June. The restructuring has changed the dividend outlook for the residual Vedanta business, which houses Hindustan Zinc, Zinc International and the base metals business. With several large cash-generating businesses spun off, future dividend payouts could be lower in absolute per-share terms. Sunny Agrawal, Head of Fundamental Research at SBI Securities, had said Vedanta would likely remain a dividend-paying entity, but its absolute dividend per share could decline structurally following the demerger. Post-demerger, the residual company's dividend payouts will be driven primarily by its 60.71% stake in Hindustan Zinc, with earnings influenced by London Metal Exchange (LME) zinc and silver prices. Vedanta's dividend track record Vedanta has declared 50 dividends since July 23, 2001. Earlier this year, the company paid an interim dividend of Rs 11 per share in March. In 2025, it announced two interim dividends of Rs 16 per share in August and Rs 7 per share in June. In 2024, the company declared four dividends totalling Rs 43.5 per share. Sunny Agrawal said investors who previously viewed Vedanta as a single, high-yield investment would now need to own a basket of the demerged entities to achieve similar aggregate yields. “Over time, improved capital allocation and governance across standalone entities could support healthy group-level cash returns, but dividends will be more volatile, more cycle-dependent, and more business-specific, requiring an active allocation strategy rather than reliance on Vedanta,” the analyst said. Disclaimer: This article has been written by Sakshi Kumari, who is not a SEBI-registered Research Analyst or an Investment Adviser. Sakshi Kumari and her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
document fetched 2026-10-10 02:49