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    Corporate Radar: Vedanta to consider dividend; PTC India results and more

    Synopsis

    Vedanta has fixed November 30 as the record date to determine shareholders’ eligibility for the dividend. So far in FY23, the company has declared a total dividend of Rs 51 per share, in two interim dividends of Rs 19.5 and Rs 31.5 per share. Earlier in FY22, the miner announced Rs 45 per share dividend. At the current price, this amounts to a dividend yield of 14.55%. Since 2001, the company has announced a total of 36 dividends, Trendlyne data showed.

    Corporate Radar: Vedanta to consider dividend; PTC India results and moreAgencies
    There are a host of board meetings and corporate actions lined up for Tuesday.

    ASM Technologies (Re 1 per share), Container Corporation of India (Rs 3 per share), Morganite Crucible (Rs 9 per share), EID Parry (Rs 5.5 per share), Ipca Laboratories (Rs 4 per share), Pearl Global Industries (Rs 2.5 per share), Great Eastern Shipping (Rs 7.20 per share) and Manappuram Finance (Rs 0.75 per share) will trade ex-dividend today.

    PTC India, Nitco, and Siemens will be announcing their Q2 results. Further, the board of Trinity League India will deliberate on the preferential share issue.

    Anil Agarwal-led diversified minerals company Vedanta will discuss a third interim dividend for FY23 at its board meeting scheduled for today.

    Vedanta has fixed November 30 as the record date to determine shareholders’ eligibility for the dividend.

    So far in FY23, the company has declared a total dividend of Rs 51 per share, in two interim dividends of Rs 19.5 and Rs 31.5 per share.

    Earlier in FY22, the miner announced Rs 45 per share dividend. At the current price, this amounts to a dividend yield of 14.55%. Since 2001, the company has announced a total of 36 dividends, Trendlyne data showed.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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