Tuesday, August 26, 2025

Vedanta Dividend: Mining conglomerate’s first two payouts for FY26 exceed $1 billion

Date:

Anil Agarwal-owned mining conglomerate Vedanta Ltd. announced its second interim dividend for financial year 2026 after market closing hours on Thursday, August 21. The board approved a payout of ₹16 per share, resulting in a total outgo of ₹6,256 crore.The company’s board had earlier paid ₹7 per share as the first interim dividend in June this year. This takes the total payout for financial year 2026 so far to ₹23 per share.

Based on the total outstanding shares, Vedanta has paid nearly ₹9,000 crore as dividend in the first two payouts of the year, or over $1 billion. Promoter Vedanta Resources, in lieu of the 56.38% stake that it holds in the company, has received over ₹5,000 crore, or nearly $600 million as dividend so far in the current financial year.

Date Dividend Per Share (₹)
May 2024 11
August 2024 4
September 2024 20
December 2024 8.5
June 2025 7
August 25 16

Vedanta’s board has fixed Wednesday, August 27, 2025 as the record date for its second interim dividend payout.Vedanta had paid ₹43.5 per share as dividend to its shareholders in financial year 2025, resulting in a total outgo of over ₹17,000 crore. Over the last four financial years, the company has paid over ₹200 per share to its shareholders as dividend.

At the end of the June quarter, Vedanta had over 20.3 lakh retail shareholders, or those with authorised share capital of up to ₹2 lakh, who owned over 11.6% stake in the company.However, the dividend is not the only trigger that keeps the stock in focus on Friday as well.

A company spokesperson, in a statement on Wednesday, said that Vedanta will issue a corporate guarantee in favor of the Ministry of Petroleum and Natural Gas (MoPNG) once the Scheme of Demerger becomes effective.

“This is in the event Malco Energy Limited (“MEL”) is unable to meet or satisfy potential contractual liability, if any, towards MoPNG arising under the Production Sharing Contracts and Revenue Sharing Contracts (pertaining to the oil and gas blocks),” the spokesperson said.

The statement came after the NCLT deferred the hearing for its demerger to September 17 after the centre objected to the process, claiming that it has “serious objections” to this and that it will be unable to recover its dues. Shares of Vedanta fell after the news but recovered from the day’s lows to end with modest losses.

Shares of Vedanta ended 0.4% higher on Thursday ahead of the dividend announcement at ₹447.1.

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