Vedanta was trading flat at Rs 255 (adjusted to dividend) on the National Stock Exchange (NSE) and BSE after the mining stock turned ex-dividend for Rs 17.70 per share today. On Monday, the stock closed at Rs 272 on both the exchanges.
“The board of directors of the company at their meeting held on March 30, 2017 had approved the second interim dividend of Rs 17.70 per equity share i.e. 1770 % on face value of Re 1/- per share for the Financial Year 2016-17. The record date for the purpose of payment of dividend is Wednesday, April 12, 2017,”