New Delhi: Now is the golden opportunity to invest in the stock market. Yes, if you also want to take advantage of dividends, then let us tell you that Vedanta is going to give its fourth dividend of the year. The company announced this after the market closed on Wednesday. Vedanta Limited informed in the exchange filing that it can give dividend to the shareholders. A board meeting will be held soon regarding this.
vedanta board meeting date
The company said in a stock exchange filing that a board meeting will be held on October 8, 2024. A decision regarding dividend can be taken in this meeting. The company can give the fourth interim dividend to the shareholders for the financial year 2024-25. If a decision is taken regarding dividend in the board meeting, then the record date of the dividend will be October 16, 2024.
Trading window will be closed for these investors
The company said that as per the provisions of the Insider Trading Prohibition Rules, the trading window for all nominated persons will remain closed from September 26, 2024 to September 30, 2024 and till 48 hours after the announcement of the unaudited financial results of the second quarter. That is, the nominated persons will not be able to trade the shares.
How many times has the company paid dividends
According to the information available on the Bombay Stock Exchange, Vedanta has given dividend 35 times so far. The company has been continuously giving dividend gifts to investors since 2007. This year, the company has given dividend thrice.
Share Status (Vedanta Share Price)
On Wednesday, Vedanta's stock closed up 2 percent. This week, the company's stock rose 7.04 percent. If we talk about the whole year, the company's stock has given a return of 113.69 percent.
--Advertisement--