Business Standard

Interim Dividend

Vedanta board to meet on Oct 8; consider, approve 4th interim dividend

Mining major Vedanta Ltd on Wednesday said its board will meet on October 8 to consider and approve the fourth interim dividend for 2024-25. The record date for the purpose of determining the entitlement of the equity shareholders for the fourth dividend, if declared, is being fixed as October 16, 2024, the mining conglomerate said in an exchange filing. So far, the Anil Agarwal-led entity has approved a total dividend of Rs 13,474 crore for 2024-25. On September 2, the company's board approved the third interim dividend of Rs 20 per share for the current financial year, taking the total dividend payout for FY'25 to Rs 13,474 crore. Vedanta fixed September 10 as the date for the purpose of payment of dividend. Earlier, the board on July 26 had approved the second interim dividend of Rs 4 per equity share for 2024-25 amounting to Rs 1,564 crore. On May 16, the company had approved the first interim dividend of Rs 11 per equity share for FY'25 amounting to Rs 4,089 crore. During 202

Vedanta board to meet on Oct 8; consider, approve 4th interim dividend
Updated On : 25 Sep 2024 | 11:49 PM IST

Dividend, Bonus Issue: SJVN, Varun Beverages, 22 others go ex-date today

As many as 24 stocks will trade ex-date today for the several corporate actions that these companies have announced, including dividends, bonus issues, or rights issues

Dividend, Bonus Issue: SJVN, Varun Beverages, 22 others go ex-date today
Updated On : 12 Sep 2024 | 3:13 PM IST

Dividend, Stock Split, Buyback: Gulf Oil, 15 more shares turn ex-date today

Companies declare the beneficiaries of dividends, bonus shares, or buyback offers based on the list of investors recorded by the end of record date. Here is the list of stocks to trade ex-date today

Dividend, Stock Split, Buyback: Gulf Oil, 15 more shares turn ex-date today
Updated On : 05 Sep 2024 | 8:54 AM IST

Dividend, share buyback: These 10 stocks go ex-date today; do you own any?

Shares of Transport Corporation of India will trade ex-date today for the share buyback, while Prince Pipes and 8 others will trade ex-dividend today

Dividend, share buyback: These 10 stocks go ex-date today; do you own any?
Updated On : 04 Sep 2024 | 3:58 PM IST

Dividend, Stock Split: These shares trade ex-date today; are you eligible?

A dividend is a portion of a company's earnings distributed to its shareholders, representing a reward for investors, typically paid out on a quarterly or annual basis

Dividend, Stock Split: These shares trade ex-date today; are you eligible?
Updated On : 02 Sep 2024 | 8:30 AM IST

Vedanta board to meet next week to consider third interim dividend

Anil Agarwal-led Vedanta Ltd on Wednesday said its board will meet next week to consider and approve the third interim dividend for the ongoing financial year. Last month, the company approved the second interim dividend for 2024-25. "...the meeting of the board of directors of the company is proposed to be scheduled on Monday to consider and approve the third interim dividend on equity shares, if any, for the financial year 2024-25," Vedanta said in a filing to the BSE. Vedanta Ltd had in July approved a second interim dividend of Rs 4 per share for the current fiscal year. Vedanta Ltd has prepared a war chest of Rs 30,000 crore with recent funds raised through a qualified institutional placement (QIP), offer for sale (OFS) and dividend to pursue further deleveraging and growth, sources had said. Proceeds from the Rs 8,500-crore QIP of Vedanta Ltd, HZL's OFS of Rs 3,200 crore, and Rs 5,100 crore from the second interim dividend, coupled with existing cash reserves of Rs 13,000 cr

Vedanta board to meet next week to consider third interim dividend
Updated On : 29 Aug 2024 | 12:12 AM IST

Anil Agarwal's Vedanta announces second dividend of Rs 11 apiece for FY24

Vedanta second interim dividend: The second interim dividend will cost the company Rs 4,089 crore and its record date has been fixed at December 27

Anil Agarwal's Vedanta announces second dividend of Rs 11 apiece for FY24
Updated On : 18 Dec 2023 | 5:18 PM IST

Vedanta's Hindustan Zinc to give interim dividend worth Rs 2,535 crore

Earlier in July, Hindustan Zinc had announced its first interim dividend of Rs 7 per share

Vedanta's Hindustan Zinc to give interim dividend worth Rs 2,535 crore
Updated On : 06 Dec 2023 | 10:08 AM IST

MRF Q4 net profit up 86%, tyre maker announces dividend of Rs 169 apiece

Its consolidated revenue from operations rose 10 per cent to Rs 5,841.7 crore in Q4FY23

MRF Q4 net profit up 86%, tyre maker announces dividend of Rs 169 apiece
Updated On : 03 May 2023 | 1:35 PM IST

Nestle India declares interim dividend of Rs 27/share, fixes record date

The FMCG giant has fixed 21 April as the record date for determining the eligibility of shareholders for interim dividend payment

Nestle India declares interim dividend of Rs 27/share, fixes record date
Updated On : 12 Apr 2023 | 10:41 PM IST

TD Power Systems net profit appreciates by 3% to Rs 20 crore in Dec quarter

TD Power Systems on Wednesday posted nearly three per cent rise in its consolidated net profit at Rs 20.07 crore in the quarter ended December 2022. The consolidated net profit of the company was Rs 19.53 crore in the corresponding quarter that ended on December 31, 2021, showed a BSE filing. Total income rose to Rs 205.65 crore in the quarter from Rs 183.06 crore in the same period a year ago. Board has also declared an interim dividend of Rs 0.50 (fifty paise) per equity share of face value of Rs 2 each to the equity shareholders of the company for the financial year ending March 31, 2023. The payment of dividend will be made within 30 days of its declaration.

TD Power Systems net profit appreciates by 3% to Rs 20 crore in Dec quarter
Updated On : 08 Feb 2023 | 3:49 PM IST

IDFC Ltd to invest Rs 2,200 crore in IDFC First Bank, up its stake to 40%

IDFC board declares special interim dividend of Rs 11 per share; Govt of India, the firm's largest shareholder, to receive Rs 287 cr payout

IDFC Ltd to invest Rs 2,200 crore in IDFC First Bank, up its stake to 40%
Updated On : 01 Feb 2023 | 9:09 PM IST

Vedanta's Q3 net profit falls 42%, announces dividend of Rs 12.5 a share

Vedanta Q3 result: On a quarterly basis, however, the profit is up 15 per cent

Vedanta's Q3 net profit falls 42%, announces dividend of Rs 12.5 a share
Updated On : 27 Jan 2023 | 4:29 PM IST

Torrent Pharma Q3 net profit up 14% to Rs 283 cr; interim dividend declared

Torrent Pharma on Wednesday said its consolidated net profit increased by 14 per cent to Rs 283 crore in the third quarter ended December 31, 2022. The drug firm had reported a net profit of Rs 249 crore in the October-December period of previous fiscal. Net sales increased to Rs 2,459 crore in the quarter under review as against Rs 2,092 crore in the year-ago period, the company said in a regulatory filing. The company's board, which met on Wednesday, declared an interim dividend of Rs 14 (280 per cent) per share of Rs 5 each. On Wednesday, shares of the company ended 1.86 per cent down at Rs 1,557.50 apiece on the BSE.

Torrent Pharma Q3 net profit up 14% to Rs 283 cr; interim dividend declared
Updated On : 25 Jan 2023 | 6:26 PM IST

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

Vedanta to pay third interim dividend at Rs 17.5 per equity share
Updated On : 22 Nov 2022 | 10:27 PM IST

Vedanta Group notifies third interim dividend of Rs 17.50 per share

Vedanta Group approved the third interim dividend of Rs 17.50 per share or 1750 per cent for the financial year 2022-23, on Tuesday November 2022

Vedanta Group notifies third interim dividend of Rs 17.50 per share
Updated On : 22 Nov 2022 | 6:13 PM IST

Tech Mahindra to consider interim dividend for FY23 in board meeting

The company, in its exchange filing last week, informed that the board of directors will consider a proposal for payment of interim dividend for the financial year 2022-2023, during its scheduled meet

Tech Mahindra to consider interim dividend for FY23 in board meeting
Updated On : 26 Oct 2022 | 3:54 PM IST

Coforge Q2 net profit rises 36.6% to Rs 220 crore, revenue up 19.9%

The board has recommended an interim dividend of Rs 13 per share, with the record date for payout on 4 November 2022.

Coforge Q2 net profit rises 36.6% to Rs 220 crore, revenue up 19.9%
Updated On : 21 Oct 2022 | 1:05 AM IST

Vedanta to pay out Rs 7,250 cr on second interim dividend at Rs 19.5/share

So far, the company's dividend payout in FY23 stands at Rs 18,960 crore, ahead of FY22 total dividend of Rs 16,740 crore

Vedanta to pay out Rs 7,250 cr on second interim dividend at Rs 19.5/share
Updated On : 20 Jul 2022 | 10:52 AM IST

Indus Towers hits 52-week low as stock turns ex date for interim dividend

The company has fixed Tuesday, May 17, 2022, as the 'record date' for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend of Rs 11 per share.

Indus Towers hits 52-week low as stock turns ex date for interim dividend
Updated On : 13 May 2022 | 11:02 AM IST