Can Vedanta investors expect another 10,000% dividend in FY25?
growing source of monthly income. Month after month, steady payouts roll into your bank account. The best part? You don’t need to do anything.
That’s the power of dividend paying stocks. A good dividend payer will: I always advise my friends that each company they invest in should pay regular dividends, which they should consider part of their monthly income. Ultimately, all these companies will work together to keep their passive income running with consistent payouts.
All they have to do then is watch their wealth grow as the power of compounding plays out. If you keep reinvesting what you earn, your machine will eventually produce a lot more income for you, even while you sleep. So, which would be your go-to dividend stock in the current market? I'm pretty sure that just like any wise investor, you too would choose to invest your hard-earned money in a large-cap stock with a track record of paying enormous dividends consistently.
One such stock that has rewarded investors handsomely over the years while also offering decent growth is Vedanta. The company recently announced a hefty payout of ₹20 a share as its third interim dividend for FY25. Its track record on dividends shows the company has never disappointed investors for the past three decades.
That’s right. Vedanta has been paying ever-increasing dividends since 1994. The company shattered all records in FY23 when it paid a 10,150% dividend on its face value, amounting to ₹101.5 a share.
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