Vedanta board to consider first interim dividend for FY26 on June 18

Metals and mining conglomerate Vedanta Ltd is set to consider its first interim dividend for the financial year 2025–26 (FY26), with a board meeting scheduled for Wednesday, June 18.

In a regulatory filing after market hours on Friday, the Anil Agarwal-led company said, “The meeting of the Board of Directors of the Company (the ‘Board’) is proposed to be scheduled on Wednesday, June 18, 2025, to consider and approve the first interim dividend on equity shares, if any, for the Financial Year 2025–26.”

The company has also fixed June 24, 2025, as the record date for determining the eligibility of shareholders who would be entitled to receive the interim dividend, if it is approved by the board.

Vedanta’s shares closed at Rs 458.35, down Rs 2.15 or 0.47% in Friday’s trading session. The stock has seen some volatility in recent weeks as investors weigh the company’s dividend prospects against broader market trends and commodity price fluctuations.

High dividend yield stock

Vedanta is widely regarded as one of India’s most consistent dividend-paying companies. The stock currently offers a dividend yield of 7.09%, placing it among the top high-yield dividend stocks on the Indian stock market. According to data from Trendlyne, Vedanta has declared dividends amounting to Rs 32.50 per share in the past 12 months alone.

The company’s dividend policy has historically been driven by strong operational cash flows and profitability from its diverse portfolio of businesses, including zinc, aluminium, copper, iron ore, power, and oil and gas.

Analysts say that Vedanta’s regular payouts are supported by stable cash flows from its key subsidiaries, particularly Hindustan Zinc and its aluminium business, even during periods of commodity price volatility. This helps the group balance its capital allocation between shareholder returns and debt management.

Investor focus on debt, restructuring

The dividend announcement will be closely watched by investors and analysts alike, especially against the backdrop of Vedanta Group’s ongoing debt-reduction plans and corporate restructuring initiatives. Over the past year, the company has been working to simplify its structure and reduce debt at the holding company level.

Market participants will also look for any management commentary that could signal the company’s cash flow outlook and capital allocation strategy for FY26.

Shares of Vedanta ended slightly lower on Friday ahead of the announcement. The stock has been relatively range-bound in recent sessions, reflecting investor caution ahead of major financial updates.