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

Vedanta has fixed October 14 as the record date for its first interim dividend of Rs 5 per share for FY27, effectively making today the last day for interested investors to buy shares of the company to be eligible for the payout.

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.


Also read | Vedanta dividend alert! Anil Agarwal-led firm announces Rs 5/share interim dividend for FY27

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.

Also read | Bonus, dividends, rights issues and stock splits: TCS, Vedanta, Ola Electric among 14 stocks turning ex-record date this week

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.

Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.