Vedanta announces Rs 5 per share dividend, sets October 14 as record date

What happened: Vedanta announced a dividend of Rs 5 per share and set October 14 as the record date. The company said this is its first dividend this fiscal and its first after a mega demerger in June. Key numbers: Rs 5 per share dividend. Record date October 14. Demerger in June. Why it matters: The payout is the first since the demerger, marking the company's first distribution to shareholders under its new structure. Coverage: 3 outlets in 24h

Vedanta announced a dividend of Rs 5 per share and set October 14 as the record date. The company said this is its first dividend this fiscal and its first after a mega demerger in June.

The payout is the first since the demerger, marking the company's first distribution to shareholders under its new structure.