Dividend King is going to give the fourth dividend of the year soon

Vedanta Dividend: Dividend is also a great opportunity to earn. Vedanta is considering giving the fourth dividend of this year. Vedanta is considered the dividend king. In the last one year, the dividend stock has given a return of more than 100 percent. Before the announcement of the fourth dividend, the company announced the record date. Read the full news...

Sun, 15 Dec 2024 09:33 PM (IST)
 0
Dividend King is going to give the fourth dividend of the year soon
Dividend King is going to give the fourth dividend of the year soon

Vedanta Ltd, known as the dividend king of the market is providing a great opportunity to earn dividends. The company is going to give the fourth dividend of the year. If we talk about the performance of the company, then in the last one year the company has given a great return to the investors. The company has given information about the record date for the dividend.

The board meeting of the company is scheduled for Monday, 16 December 2024. Along with the dividend, a lot of other things can be decided in this meeting. If the dividend gets approved in the board meeting, then the investor will get it very soon.

Vedanta's stock will be in focus on Monday. According to experts, the company's stock can surge on Monday. If the dividend is approved, the record date will be 24 December 2024. Yes, the company has fixed 24 December as the record date. According to the record date, only those shareholders who have the company's shares in their demat account till 24 December 2024 will get the dividend.

The stock of Vedanta has given great returns to its investors. The share of the company has given over 100 percent return in the last one year alone. The market capitalization (Vedanta M-cap) of Vedanta sits at around Rs 1,93,000 crore at present. Market experts have targetted the share price of Vedanta as 'Rs 600 per share' and rated it as 'buy.'.

Muskan Kumawat Journalist & Writer