Vedanta to pay third interim dividend at Rs 17.5 per equity share

So far, the company's dividend payout in FY23 stands at Rs 25,465 crore, more than the FY22 number of Rs 16,740 crore

Metals and mining major Vedanta, on Tuesday, announced a third interim dividend of Rs 17.5 per equity share, resulting in an outflow of Rs 6,505 crore. The company said that its board of directors had approved the dividend payout, whose record date has been fixed for November 30.

So far, the Anil-Agarwal-led firm has announced three rounds of dividends in the 2022-23 financial year (FY23), taking its total dividend payout this year to Rs 25,465 crore. This is more than the total dividend paid by the company in FY22, which stood at Rs 16,740 crore, according to data compiled by BS