Vedanta to revise dividend policy for flexibility
after close1 source ↓written by the desknot a recommendation
- to a more
- 30% of profits
Vedanta Ltd plans to change its dividend policy, moving from a fixed payout of at least 30% of profits to a more flexible approach. The board will now have discretion over the dividend amount, which may impact investor sentiment as the company splits into five separate entities. This shift introduces less predictability in returns but aims to maintain strong payouts.
Not investment advice. For informational purposes only.