Dividend Growth of Vedanta Limited(VEDL)

Vedanta Limited(VEDL) is having a Dividend Yield of 0.6% with the Annual cash Dividend per share of $0.32. The last quarter cash dividend per share pay out was $0.09. Vedanta Limited has a 5 year average dividend yield of 2.49% and the stock has a Indicated annual dividend of $0.09. Vedanta Limited(VEDL) has the most recent dividend payout ratio of 0.32 with a 5-year average payout ratio of 0.2. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.12. The 5 year historical dividend growth of Vedanta Limited(VEDL) is at the rate of -1.34% while the R-Squared dividend growth is 0. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Vedanta Limited (NYSE:VEDL) rose 5.93% or 0.87 points on Thursday and made its way into the gainers of the day. After trading began at $15.54 the stock was seen hitting $15.7 as a peak level and $15.45 as the lowest level. The stock ended up at $15.54. The daily volume was measured at 576,572 shares. The 52-week high of the share price is $15.7 and the 52-week low is $3.88. The company has a market cap of $11,519 million. Shares of Vedanta Limited rose by 4.51% in the last five trading days and 8.37% for the last 4 weeks. Vedanta Limited is up 22.85% in the last 3-month period. Year-to-Date the stock performance stands at 25.12%.

Currently the company Insiders own 62.86% of Vedanta Limited shares according to the proxy statements. Institutional Investors own 3.4% of Vedanta Limited shares.

Vedanta Limited is a natural resource company. The companys business primarily involves exploring, extracting and processing minerals and oil & gas. Its segments include zinc, oil & gas, lead, silver, copper, iron ore, aluminium and commercial power. The company operates primarily in India, South Africa, Namibia, Ireland, Australia, Liberia and Sri Lanka. Vedanta Limited, formerly known as Sesa Sterlite Limited, is based in Panaji, India.


Share this post

Leave a Reply