Vedanta Dividend today: Stock falls ahead of board meet to consider first payout for FY26

The board of Anil Agarwal-owned mining conglomerate Vedanta Ltd. will be meeting on Wednesday, June 18, to consider a first interim dividend payout for shareholders for financial year 2026.

Vedanta has set June 24 as the record date for this interim dividend payout.

Interestingly, the board meet comes on the day the company intends to sell stake worth over ₹3,000 crore in its subsidiary Hindustan Zinc through block deals.

Vedanta had paid ₹17,000 crore as dividend in financial year 2025 to its shareholders. In absolute terms, the company had paid ₹43.5 per share as dividend.

Over the last four years, Vedanta has paid over ₹200 per share as dividend to its shareholders.

Vedanta Resources, promoter entity of Vedanta Ltd., currently holds 56.38% stake in the company, which has declined from levels of over 65% in the last few years.

Vedanta has close to 20 lakh retail shareholders, or those with authorised share capital of up to ₹2 lakh, who own a 11.25% stake in the company at the end of the March quarter.

Hindustan Zinc, Vedanta's unit had announced its first interim dividend last week worth ₹10 per share, leading to Vedanta receiving close to ₹3,000 crore as a result of its 64.92% stake.

In a note on May 1 this year, brokerage firm JPMorgan said that for financial year 2026, it anticipates the dividend payout from Vedanta to nearly halve, in comparison to financial year 2025 to ₹25 per share, and remain constant in financial year 2027 as well, at ₹27 per share.

Shares of Vedanta ended 0.6% higher on Tuesday at ₹461. The stock has remained flat so far in 2025, gaining 3% so far.