By Admin 
Dividend stock: The shares of Vedanta, a big company in the metal sector, are seeing a rise on Tuesday. During today’s trading session, its shares have risen by about 3 percent. There is a reason behind this boom.
Actually, this company led by veteran businessman Anil Aggarwal has announced to give dividend to its investors. Last Monday, the company’s board approved the proposal to pay a third interim dividend of Rs 11 per equity share for the current financial year 2026.
Vedanta specializes in giving dividends
The company said in an exchange filing after the market closed on Monday that in the board meeting, the members have approved a total dividend payment of Rs 4300 crore. Vedanta had already fixed Saturday, March 28 as the record date to determine the eligibility of shareholders entitled to receive the dividend. This means that to receive the dividend, any investor must have shares of the company till the record date. Since March 28 is the record date, Vedanta shares will trade ex-dividend on Saturday, March 27.
According to Trendlyne data, Vedanta is very popular among investors for its dividend payment. With this announcement of dividend for the third time, the total dividend of Vedanta for the financial year 2025-26 has become Rs 34 per share. Earlier, the company had announced a dividend of Rs 7 in June last year and Rs 16 in August. The company has declared a total of 49 dividends since July 23, 2001. According to the current share price, Vedanta’s dividend yield is more than 3.5 percent.
Why do companies pay dividends?
Companies often share their profits with investors in the form of dividends. Investors invest their money in the company and by paying dividends the company gives a cash reward in return for their investment and trust. Dividend keeps an investor connected with the company for a long time. Investors like to hold those shares which yield high dividends for a long time. Companies that pay regular dividends indicate their financial strength to investors. This shows that the company has extra money even after meeting its needs.
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