Vedanta Dividend FY26: Board Approves ₹11 Per Share Payout

Introduction to Vedanta's Latest Dividend

Anil Agarwal-led mining and resources conglomerate Vedanta Ltd has announced its third interim dividend for the financial year 2025-26. The company's board of directors, in a meeting held on Monday, March 23, 2026, approved a dividend of ₹11 per equity share. This latest payout amounts to a total of ₹4,300 crore, reinforcing the company's track record of distributing returns to its shareholders. The decision comes as a key development for investors tracking one of the highest dividend-yielding stocks on the Indian exchanges.

Dividend Details and Key Dates

The company has set Saturday, March 28, 2026, as the record date to determine the eligibility of shareholders for this dividend payment. As the record date falls on a market holiday, the stock will trade ex-dividend on the preceding trading day, which is Friday, March 27, 2026. Investors must hold Vedanta shares in their demat account by the end of the record date to be entitled to the dividend. The company has confirmed that the dividend will be paid within the timelines stipulated by law.

FY26 Dividend Payouts in Focus

This announcement marks the third dividend from Vedanta in the current fiscal year. The company had previously declared two interim dividends: a first interim dividend of ₹7 per share in June 2025 (amounting to ₹2,737 crore) and a second interim dividend of ₹16 per share in August 2025 (amounting to ₹6,256 crore). With the latest addition of ₹11 per share, the total dividend for FY26 now stands at ₹34 per equity share. The cumulative payout for the financial year 2025-26 has reached approximately ₹13,293 crore.

A Look at Vedanta's Dividend History

Vedanta has a consistent history of rewarding its shareholders. The company's dividend payouts in previous years highlight its commitment to sharing profits. In the financial year 2025, Vedanta paid a total dividend of ₹43.50 per share, which amounted to ₹16,772 crore. The year before, in FY24, the total dividend was ₹29.50 per share, with a total outgo of ₹10,959 crore. The financial year 2023 was particularly notable, with a substantial dividend of ₹101.50 per share, totaling ₹37,572 crore.

Financial Position and Debt Overview

As of the end of the December 2025 quarter, Vedanta's financial statements showed a net debt of ₹60,624 crore. The company maintained a healthy cash and cash equivalents balance of ₹20,085 crore. Its leverage, indicated by the net debt-to-EBITDA ratio, improved to 1.23 times from 1.4 times, suggesting better debt management. During the Q3 earnings call, Group CFO Ajay Goel noted that the parent company, Vedanta Resources, could service its obligations through brand fees and dividends from Vedanta Ltd, even at a modest dividend yield.

Market Performance and Stock Movement

Following the dividend announcement, Vedanta's stock saw some activity. On the day of the board meeting, the stock settled 4.11% lower at ₹644.60 on the NSE. Over the past year, the stock has experienced significant price movement, recording a 52-week high of ₹769.80 on January 20, 2026, and a 52-week low of ₹363 on April 7, 2025. The company's market capitalization stood at ₹2,52,063.61 crore. The consistent dividend payouts are a key factor for many investors in the stock.

Conclusion

Vedanta's declaration of a third interim dividend of ₹11 per share underscores its ongoing strategy of creating shareholder value. This brings the total dividend for FY26 to ₹34 per share. Investors aiming to receive this payout must ensure they own the shares before the ex-dividend date of March 27, 2026. The company's financial health and historical dividend track record continue to make it a stock of interest in the metals and mining sector.