Hindustan Zinc dividend: Share to trade ex-date today
Hindustan Zinc dividend 2023: On December 6, the board of Vedanta subsidiary Hindustan Zinc announced an interim dividend of Rs 6 per equity share, a 300 per cent payout given the face value of Rs 2 per share for eligible shareholders.
Hindustan Zinc dividend 2023, Hindustan Zinc dividend record date: Shares of Hindustan Zinc will trade ex-dividend today, December 14 after the company announced its second interim dividend for the current financial year last week.
On December 6, the board of Vedanta subsidiary Hindustan Zinc announced an interim dividend of Rs 6 per equity share, a 300 per cent payout given the face value of Rs 2 per share for eligible shareholders.
"The Board of Directors of the Company through a resolution passed by circulation on Wednesday, December 06, 2023 have approved 2nd Interim Dividend of Rs. 6 per equity share i.e. 300 per cent on the face value of Rs. 2/- per share for the Financial Year 2023-24 amounting to Rs. 2535.19 crores," the miner said in an exchange filing.
Hindustan Zinc dividend record date 2023
December 14, Thursday has been fixed as the record date for the interim dividend. "The record date for the purpose of payment of interim dividend, as already communicated is Thursday, December 14, 2023," as per the filing.
Hindustan Zinc dividend payment date 2023, Hindustan Zinc dividend payout date 2023
According to the company, the interim dividend will be paid within stipulated timelines as prescribed under law.
Hindustan Zinc dividend yield
Hindustan Zinc shares are among the largecap stocks offering highest dividend yield. Its stands at 16 per cent, calculated as per the previous close of Rs 324.9 on NSE.
Hindustan Zinc dividend history
Hindustan Zinc has declared equity dividends amounting to Rs 52 per share, in the past 12 months.
Hindustan Zinc share price history
The stock has delivered a return of almost 10 per cent in six months, underperforming a 12.7 per cent rise in the headline Nifty50 index.
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