# Vedanta Dividend: ₹3,324 Crore Payout Announced – History, Yield, and Peer Comparison URL: https://technosports.co.in/vedanta-dividend-3324-crore-payout-announced/ Published: 2024-12-17 Updated: 2024-12-17 Author: Reetam Bodhak Shares of **[Vedanta](https://en.wikipedia.org/wiki/Vedanta_Limited)Ltd** are set to grab attention after the company, led by **Anil Agarwal**, announced its **fourth interim dividend** for the financial year 2024-25. The company has declared a dividend of **₹8.50 per share**, amounting to a total payout of **₹3,324 crore**. The record date for this dividend is **Tuesday, December 24, 2024**, and the payment will be made within the legally stipulated timelines. This announcement further cements Vedanta’s position as one of the top dividend-paying companies in India, offering attractive returns to its shareholders. Let’s take a closer look at Vedanta’s dividend history, its yield, and how it compares to its peers. ## **Vedanta Dividend History and FY25 Payouts** Vedanta has consistently rewarded its shareholders with high dividends over the years. For FY25, the company has already announced a total dividend of **₹43.50 per share**, including the latest ₹8.50 per share. Here’s a breakdown of the interim dividends declared so far this year: - **First Interim Dividend**: ₹4 per share - **Second Interim Dividend**: ₹11 per share - **Third Interim Dividend**: ₹20 per share - **Fourth Interim Dividend**: ₹8.50 per share ![Vedanta Dividend](https://images.technosports.co.in/2024/12/veda-1.avif) In the past financial years, Vedanta’s dividend payouts have been equally impressive: - **FY24**: ₹29.50 per share (₹10,959 crore total payout) - **FY23**: ₹101.50 per share (₹37,572 crore total payout) - **FY22**: ₹45 per share (₹16,689 crore total payout) - **FY21**: ₹9.50 per share (₹3,519 crore total payout) This consistent dividend history highlights Vedanta’s commitment to sharing profits with its shareholders, making it a preferred choice for dividend-focused investors. ## **Vedanta’s Dividend Yield and Peer Comparison** Vedanta’s **dividend yield** (excluding the latest announcement) stands at an impressive **9%**, making it one of the highest among large-cap companies. Here’s how Vedanta compares to its peers in terms of dividend payouts and yields over the past 12 months: - **Vedanta**: ₹54.50 per share (9% yield) - **Coal India**: ₹26 per share (6% yield) - **Hindustan Zinc Ltd**: ₹29 per share (6% yield) - **ONGC**: ₹12.50 per share (5% yield) - **Indian Oil Corporation (IOC)**: ₹7 per share (5% yield) While IT giants like **HCL Technologies** and **Infosys** have announced dividends of ₹54 and ₹49 per share, respectively, their dividend yields remain lower at **2-3%**, reflecting their higher stock valuations. Vedanta’s high dividend yield, coupled with its consistent payouts, makes it a standout performer in the large-cap space, particularly for investors seeking regular income. ![](https://images.technosports.co.in/2024/12/veda-2-1024x576.avif) ## **Vedanta’s Financial Moves and Corporate Restructuring** Vedanta’s strong dividend payouts come amid significant financial and corporate developments. Earlier concerns about the parent company, **Vedanta Resources**, and its mounting debt have been addressed through strategic moves, including: 1. **Stake Sales**: Vedanta Resources sold a **2.7% stake** in Vedanta and a **1.51% stake** in Hindustan Zinc Ltd to improve liquidity. 2. **Fundraising**: The company raised **$1 billion** through a qualified institutional placement (QIP), which analysts believe will help reduce high-cost borrowing and improve financial flexibility. 3. **Demerger Plan**: On **September 29, 2023**, Vedanta announced a plan to demerge into **six independent pure-play entities**. This restructuring aims to unlock value, attract investments, and enhance sector-specific strengths. Analysts predict that Vedanta’s market cap, currently at ₹1.8 lakh crore, could potentially rise to ₹3 lakh crore post-demerger, with approval expected by **March 2025**. These strategic initiatives are expected to strengthen Vedanta’s financial position and drive long-term growth, making it an attractive investment option. ## **Conclusion** Vedanta’s latest **₹3,324 crore dividend** announcement reinforces its reputation as a high-dividend-paying company. With a total payout of **₹43.50 per share** for FY25 so far, Vedanta continues to deliver strong returns to its shareholders. Its impressive dividend yield, consistent payout history, and strategic financial moves make it a compelling choice for investors seeking regular income and long-term growth potential. As Vedanta moves forward with its corporate restructuring and financial improvements, it is well-positioned to unlock further value for its shareholders. For dividend-focused investors, Vedanta remains a top contender in the Indian stock market. **Read More:** [Vijay Kedia Multibagger Stocks: Tejas Networks in the Spotlight After Major Vodafone Idea Contract](https://technosports.co.in/vijay-kedia-multibagger-stocks-tejas-networks/) ## **FAQs** ### **1. What is the record date for Vedanta’s latest dividend, and how much is it?** The record date for Vedanta’s fourth interim dividend of **₹8.50 per share** is **Tuesday, December 24, 2024**. Shareholders on record as of this date will be eligible to receive the dividend. ### **2. How does Vedanta’s dividend yield compare to its peers?** Vedanta’s dividend yield (excluding the latest announcement) stands at **9%**, which is higher than peers like **Coal India (6%)**, **Hindustan Zinc Ltd (6%)**, and **ONGC (5%)**. This makes Vedanta one of the top dividend-paying companies in the large-cap segment.