Post its September quarter results, Hindustan Zinc declared interim dividend of ₹21.30, amounting to ₹9000 crore. Vedanta expected to receive Rs 5,842.8 crore worth of dividend as it has 64.92% stake in Hindustan Zinc. The entire dividend income (net of taxes) it receives from its subsidiary, Hindustan Zinc Ltd. (this does not apply to any one‐time special dividends received from Hindustan Zinc Ltd. which will be at the discretion of the Board); and 1.2. Hindustan Zinc - (A) Unaudited Quarterly Financial Results For The 2Nd Quarter And Half Year Ended September 30, 2020. Hindustan Zinc's upcoming dividend is ₹21.30 a share, following on from the last 12 months, when the company distributed a total of ₹21.30 per share to shareholders. Zinc for Galvanization. At the current share price of Rs 241.65, this results in a dividend yield of 15.64%. As per the regulatory filing, Hindustan Zinc received the board of directors approval for an interim dividend of Rs21.30 per equity share i.e. So, how will this announcement impact the dividend payouts that is expected from Vedanta? Dividend details on Hindustan Zinc Ltd., including the record date or ex-dividend date for payment of dividend. Shares of Hindustan Zinc gained 4 per cent to Rs 232.25 on the BSE on Wednesday after the company said its board has approved interim dividend of Rs 21.30 per equity share i.e. Looking ahead, Hindustan Zinc has not announced an ex-dividend date yet. Galvanized steel lasts for many years in non-aggressive environment, and is more effective in protecting steel when the structure is located in moderately corrosive environment… Find Hindustan Zinc Dividend Latest News, Videos & Pictures on Hindustan Zinc Dividend and see latest updates, news, information from NDTV.COM. I get it. The board of Hindustan Zinc on Tuesday declared an interim dividend of Rs 21.30 per share amounting to Rs 9,000 crore, the bulk of which will go to debt-laden … Does Hindustan Zinc pay a dividend? While the actual dividend is Rs. More than 70% of listed companies have a lower … ... Ex-Dividend Date: Oct 27, 2020: Calculating the last year's worth of payments shows that Hindustan Zinc has a … View Hindustan Zinc Ltd Dividend announcement date, Ex-dividend date, Interim dividends, final dividend HINDUSTAN ZINC LIMITED: Ex-dividend day for interim dividend: FA. Summary: Quotes: Charts: News: Ratings: Calendar: Company: Financials: Consensus: Revisions : Summary: The company has strong fundamentals. Dividend Declared in Rupees : The current year dividend for Hindustan Zinc is Rs 16.5 and the yield is 6.7609 %. Explore more on Hindustan Zinc Dividend. The operating margin of Hindustan Zinc for the current financial year is 47.6644577339583 %. Hindustan Zinc is an integrated mining and resources producer of zinc, lead, silver and cadmium. In the past 12 months, Hindustan Zinc Ltd. has declared an equity dividend amounting to Rs 37.80 per share. The Hindustan Zinc dividend yield is 15.81% based on the trailing twelve month period. On Wednesday, shares of Hindustan Zinc gained as much as 8.36 percent to an intraday high of Rs 195, its biggest jump in the last 7 weeks. Shares of Hindustan Zinc gained over 4% on Wednesday's early session after the company declared an interim dividend of Rs 21.30, amounting to Rs 9,000 crore, its highest in 12 years. Zee Business Managing Editor Anil Singhvi has … Major part of the dividend will go to Vedanta which holds 64.92% in the company KOLKATA: Hindustan Zinc's board of directors have declared a special golden jubilee dividend of 1200% - one of the highest by any private company in India. The Q2 results of Hindustan Zinc for the financial year 2020-21 (April-March) have been declared and the dividend payout declared by the company is close to what Zee Business predicted. Hindustan Zinc shares jumped 4% on Wednesday’s opening bell to trade at Rs 232 apiece, a day after the firm reported a 6.8% on-year drop in net profit during the July-September quarter. Indeed, Rs 27,157 crores dividend payout (for the FY 2017) is highest ever in India. You will be entitled to recieve the below mentioned dividend if you hold shares of Hindustan Zinc Limited on the below mentioned Effective date. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. Hindustan Zinc announced Rs 9,000 crore interim dividend at Rs 21.3 per share which is having a dividend yield of 9.48% to the closing prices as on Oct.20.Record date set for dividend as Oct.28. HINDZINC Hindustan Zinc Limited Dividend declared & dividend announcements with Dividend Yield . Hindustan Zinc Ltd’s (HZL) second-quarter numbers show that the zinc cycle may be turning up. Hindustan Zinc makes highest dividend payout. 24 on an equity share of Rs 2 each would entail a cash outflow of nearly Rs 12,2015 crore, including dividend distribution tax. 1.1. Find the latest HINDUSTAN ZINC (HINDZINC.NS) stock quote, history, news and other vital information to help you with your stock trading and investing. Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. HZL is the world's second largest zinc producer. They are one of the world's largest integrated producers of zinc and are among leading global lead and silver producers. Experts believe that Hindustan Zinc’s aid to the promoters could be in the form of the company announcing dividend to shareholders that includes Vedanta (India), which holds about 65 … Get latest Hindustan Zinc Ltd Dividend history details. 1,065 per cent on face value of Rs 2 per share for the financial year 2020-21, amounting to Rs 9,000 crore.. Hindustan Zinc (NSE & BSE: HINDZINC) is the one of the largest integrated producers of zinc-lead with a capacity of 1.0 million MT per annum and a leading producer of silver. The September quarter results of this company have also been good. Hindustan Zinc Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 20, 2020, inter alia, have approved Interim Dividend of Rs. On May 12, 2020, Hindustan Zinc's board has declared an interim dividend of Rs 16.50 per equity share with face value of Rs 2 each, amounting to Rs 6,972 crore. Hindustan Zinc declared an interim dividend of Rs 21.30 per share for the current financial year, amounting to Rs 9,000 crore. The company’s shares have 52 weeks price band of INR 258-116 and a total market capitalization of INR 967 billion which makes it a Large-Cap company. You want to buy Hindustan Zinc because of recent dividend announcement. Vedanta Group firm Hindustan Zinc (HZL) on Wednesday announced a special dividend of Rs 13,985 crore for 2016-17, taking the aggregate amount paid by it for the fiscal to Rs 27,157 crore, the largest such payout by any company in the country. (B) Interim Dividend For The Financial Year 2020-21 20 Oct 2020 3:51 PM 0c8cc224-7005-4c25-bfc5-89113ca16806.pdf Hindustan Zinc pays largest ever dividend by a private company Rs 5,059 crore* paid to Government of India as... | April 21, 2016 The dividend which amounts to Rs. New Delhi, May 15 The board of Hindustan Zinc (HZL), a subsidiary of Vedanta, has approved an interim dividend of Rs 16.50 per equity share for FY20 amounting to Rs 6,972 crore. Last year, Hindustan Zinc paid a total dividend of 37.8, and it currently has a trailing dividend yield of 15.81%. Swayam Saurabh, CFO at Hindustan Zinc explains that HZL is known for regular dividend payouts and this move was entirely a board decision to build shareholder confidence, given that as on September 30, 2020, the company’s gross and net cash and cash equivalents was Rs 27,631 crore and Rs 17,833 crore respectively. The upcoming dividend for Hindustan Zinc is ₹16.50 per share, increased from last year’s total dividends per share of ₹8.00. Its FY2018 revenues stood at ₹22,084 crore. Hindustan Zinc Limited (HZL) is an Indian integrated mining and resources producer of zinc, lead, silver and cadmium.It is a subsidiary of Vedanta Limited. 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