Investing.com - Financial Markets Worldwide

Vedanta continues to be a high dividend player. InvestingPro+ analyzes its value

ByPuneet Sikka
Published 20-12-2023, 04:31 pm
HZNC
-0.37%
VDAN
0.33%

Vedanta (NS:VDAN) continues to be among the stocks with the highest dividend yields in the world. Additionally, its subsidiary Hindustan Zinc (NS:HZNC) is also among the top 10 players in the world giving the highest dividend yields. According to InvestingPro+, the Vedanta stock is attractively placed with a potential upside of 23% based on the average of Analyst Targets and Fundamental models.

Let's analyze some of the positive factors of Vedanta as researched by InvestingPro+ that make Vedanta a compelling stock to hold:

  1. High earnings quality, with free cash flow exceeding net income
  2. Yields high return on invested capital
  3. High shareholder yield
  4. Has raised its dividend for 3 consecutive years
  5. Strong return over the last five years

Vedanta

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