Dividend Share list: 1750% Interim Dividend in November, Company details, Ex-dividend date

Dividend Share List Read here

The dividend is very lucrative for all share market investors. It is a passive income source too.

If you’re a stock market investor and looking for dividend shares to invest in, you will know the company name which declares a 1750% interim dividend this month.

Let’s have a look in to the company details

What is Dividend?

A dividend is a distribution of profits by a corporation to its shareholders. Dividend can be interim and final.

• Interim Dividend: It is not the last dividend for a year. rather it is the latest dividend. After it, again company declares dividend
• Final Dividend: It is the final distribution of profits among shareholders. No more distribution will be declared after it

Dividend Share:

• Dividend percentage: 1750%
• Dividend amount per share: Rs. 17.50
• Ex-dividend date: 29th November, 2022
• Dividend Type: Interim dividend
• Dividend declared in 2022: 4th time
• Company Name: Vedanta
• Sector: Metal And Mining
• 52 weeks high: Rs. 440.75/share
• 52 weeks low: Rs. 206.00/share

Dividend Share List

Dividend Share List Read here

Vedanta Company Details:

• Parent Organization: Vedanta Limited
• Founded in 1965
• National Stock Exchange symbol: VEDL

This company is fundamentally very strong because 69.69% share holders are company promoters

Dividend Share ‘Vedanta’-Expert Rating

• Buy: 53%
• Hold: 20%
• Sell: 265

Mutual Fund companies invested in Vedanta

• Aditya Birla Sun Life Arbitrage Fund Direct Growth
• SBI Multi Asset Allocation Fund Direct Growth
• Axis Arbitrage Fund Direct Growth
• IDFC Arbitrage Fund Direct Growth

Dividend in 2022

• 9th March 2022: 1300% dividend (Rs. 13/share)
• 6th May 2022: 3150% dividend (Rs. 31.5/share)
• 26th July 2022: 1950% dividend (Rs. 19.5/share)
• 29th November, 2022: 1750% dividend (Rs. 17.50/share)

Fundamentals of Dividend share: Vedanta

• Market Cap: Rs. 1, 14, 181 Crore
• P/E Ration (TTM) 7.10
• P/B Ratio: 1.75
• Industry P/E: 10.50
• Debt to Equity: 1.09 (Almost debt free)
• ROE: 29.46%
• EPS: 43.35
• Dividend Yield: 26.47%
• Book value: 146.13
• Face value: 1

Financials of the company

• Revenue:
  • Rs. 92, 923 Cr in 2018
  • Rs. 92, 048 Cr in 2019
  • Rs. 84, 447 Cr in 2020
  • Rs. 88, 021 Cr in 2021
  • Rs. 1, 32, 732 Cr in 2022
• Profit:
  • Rs. 10, 342 Cr in 2018
  • Rs. 7065 Cr in 2019
  • Rs. -6664 Cr in 2020
  • Rs. 11, 602 Cr in 2021
  • Rs. 18, 802 in 2022
• Net Worth:
  • Rs. 63, 312 Cr in 2018
  • Rs. 62, 297 Cr in 2019
  • Rs. 54, 635 Cr in 2020
  • Rs. 62, 278 Cr in 2021
  • Rs. 65, 383 Cr in 2022

What is Ex-dividend date

Ex-dividend is the date before which an investor should invest in the stock to get the dividend.

How to Buy Dividend Share?

To buy or to invest in dividend shares, follow these simple steps

• Download GROWW APP
• Register with PAN and Adhaar Number
• Open your FREE Demat Account
• Add money in your wallet
• Buy Dividend Share, Vedanta

Final Lines:

The dividend is subject to income tax.

Investing in the share market is subject to market risk. So, before investing or buying any share or stock, it is recommended to research your own or consult with your financial advisor.

Avishek Das

I am a personal finance, stock market update, etc.-related blog post writer. Besides, I am a stock market trader. I invest in IPOs, stocks, Etc. I publish valuable posts and information here.