Vedanta dividend alert! Last day to buy shares of Anil Agarwal-led company for Rs 5/share dividend

ETMarkets.com

The company last week declared the interim dividend. The total dividend payout will be Rs 1,955 crore.

The company last week declared the interim dividend, which marks its first payout since the stock adjusted for its mega demerger earlier this year. The total dividend payout will be Rs 1,955 crore. Vedanta is closely watched by investors for its consistent track record of dividend payments.

Only those shareholders who hold Vedanta shares in their demat accounts as of Wednesday will be eligible for the dividend. Due to SEBI's T+1 settlement norm, investors must purchase the company's shares at least one trading day before the record date so they are credited to their demat accounts by that date and qualify for the corporate action. This effectively makes today the final day for investors to buy the shares to be eligible.

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Vedanta has declared 50 dividends since July 23, 2001, and its dividend yield stands at around 4.2% at the current share price, according to Trendlyne data. Earlier this year, the company paid an interim dividend of Rs 11 per share in March.

Last year, the company announced two interim dividends - Rs 16 in August, 2025 and Rs 7 in June, 2025. 2024 was a bumper year in terms of dividend payouts, as the company announced four dividends cumulatively worth Rs 43.5 per share.

Vedanta's first dividend announcement after demerger

Notably, this latest dividend announcement is the first since the company demerged into five entities, resulting in an adjustment to the share price of the original Vedanta. Four new entities spun out of the company in June, including Vedanta Aluminium Metal (VAML), Vedanta Power, Vedanta Oil and Gas and Vedanta Iron and Steel, marking one of the biggest corporate restructurings in India’s metals and mining space

From a dividend perspective, the Vedanta demerger was expected to change the yield for residual Vedanta (which houses Hindustan Zinc, Zinc International and base metal business), Sunny Agrawal, Head of Fundamental Research at SBI Securities, had said.

He explained that the company will likely remain a dividend‑paying entity, but its absolute dividend per share (DPS) can decline structurally as several large cash‑generating businesses have been carved out.

He added that investors who previously viewed Vedanta as a single, high‑yield proxy will now need to own a basket of the demerged entities to approach 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.

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Vedanta shares have gained 3% in one week but recorded marginal losses over a month. The company currently has a market capitalisation of around Rs 1.03 lakh crore.