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| Name | Vedanta Declares Third Interim Dividend For FY23 | Business News | Stock Market | Share Bazaar News |
| Video Uploader | Video From ET NOW |
| Upload Date | This Video Uploaded At 23-11-2022 03:25:42 |
| Video Discription | BoD of Vedanta declared third interim dividend of Rs 17.5 per share- which at CMP, translates to a dividend yield of 5.6%- much ahead of analysts expectations. With the third interim dividend, total dividend declared by Vedanta for FY23 stands at Rs 68.5/share- much higher than Rs 45/share dividend declared by the company in FY22. Since delisting failed, Vedanta has given a total dividend of Rs 123/share and the stock has risen 160% since then. Delisting price stood at Rs 87.5/share v/s dividend and stock move combined gain of Rs 313/share. Citi has maintained its sell rating on the stock with a target price of Rs 235/share. They say that although dividend yield remains attractive, Their outlook for aluminium and zinc is fairly muted for the next few months. #vedantanews #vedantadividend #vedantastock Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com |
| Category | News & Politics |
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