Vedanta Corporate Actions History: Stock Split and Dividends

Vedanta Limited has consistently rewarded its shareholders through dividends and corporate actions like stock splits over the years. In 2024, the company declared an interim dividend in December.

Let’s take a look at the company’s current corporate announcement and dividend distribution over the past year.

What is the Recent Corporate Action?

Vedanta Limited has announced an Interim Dividend of ₹8.50 per share. This announcement was made on December 11, 2024, with the Ex-Dividend Date set for December 24, 2024.

2024 Dividend History

Vedanta has been proactive in distributing dividends to its shareholders in 2024. The most recent announcement was made on December 11, 2024, declaring an Interim Dividend of ₹8.50 per share. Prior to this, the company declared several interim dividends throughout the year.

• August 28, 2024: Interim Dividend of ₹20.00 per share.
• July 24, 2024: Interim Dividend of ₹4.00 per share.
• May 13, 2024: Interim Dividend of ₹11.00 per share.

2023 Dividend History

Vedanta also demonstrated its commitment to shareholder returns in 2023.

• December 13, 2023: Interim Dividend of ₹11.00 per share.
• May 18, 2023: Interim Dividend of ₹18.50 per share.
• March 23, 2023: Interim Dividend of ₹20.50 per share.

When Did Vedanta Last Declare a Stock Split?

The last stock split declared by Vedanta occurred on April 28, 2008, when the company announced a split of its shares from a face value of ₹10 to ₹1. The stock split was implemented on August 8, 2008, allowing shareholders to receive 10 shares for every 1 share held.

Share Price Performance

On December 23, Vedanta’s share price traded 0.16% higher at ₹478 at 9:41 AM on NSE. The stock opened at ₹480.45, lower than ₹477.25 at the previous close. On December 16, 2024, Vedanta’s share price reached its 52-week high of ₹526.95. In contrast, the stock hit its 52-week low on December 21, 2023, at ₹249.10.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.