There is a lot of movement in the stock market at this time. Where investors are getting a chance to invest on the IPO of many companies one after the other. At the same time, there are a large number of companies which are giving the gift of dividend to their investors. After giving dividend twice before, today i.e. on November 22, 2022, Vedanta Limited has announced to give another dividend in 2022. This company, headed by veteran businessman Anil Agarwal, has decided to give a dividend of 1750 percent i.e Rs 17.50 to its eligible investors. The company has also fixed the record date for this dividend.
Vedanta dividend: What is record date?
In the information given to the stock exchange, the company told, “In the board meeting on 22 November 2022, the third interim dividend has been approved to the investors. The company will pay a dividend of 1750 per cent or Rs 17.50 per share to its qualified investors. The record date for this dividend is 30 November 2022.”
Share price jumped 10% in 1 month
Shares of the company today closed at Rs 310.40, up 0.87 per cent, on the NSE. In the last one month, the share prices of the company have seen a gain of 10.17 percent. However, due to high ups and downs in the last 6 months, Vedanta shares could gain only 1.55 per cent. At the same time, at the beginning of this year, any investor who would have held shares of the company till now, their investment value would have decreased by 12.27 percent.
