Mumbai: Natural resources major Vedanta has declared its second equity interim dividend of Rs 1.85 per share, amounting to a total payout of Rs 685 crore .
The dividend makes for 185% on the face value of Re 1 per share for the current financial year.
The record date for the purpose of payment of dividend is March 14, 2019.
The total dividend for the year now stands at Rs.
18.85/- per equity share representing a dividend yield of about 8% based on last one year average share price of the company.The share price of the company has fallen by 43% over the last one year.