Vedanta Limited is keeping its shareholders happy with another dividend payout. On December 16, the company approved an interim dividend of ₹8.5 per equity share for FY25, marking its fourth such payout this financial year. The total payout comes to ₹3,324 crore, signaling the company’s solid cash flow and commitment to rewarding investors. But it’s not just the dividend that’s boosting Vedanta’s standing. The company also received a positive update from India Ratings & Research, which upgraded its non-convertible debentures (NCDs) rating to IND AA-. India Ratings attributed the upgrade to Vedanta’s reduced refinancing risk on USD bonds, thanks to recent overseas fund-raising efforts. This is expected to ease liquidity concerns and improve Vedanta’s financial flexibility moving forward. All in all, it’s a good day for Vedanta, with both a generous dividend and a stronger credit outlook.