Hind zinc dividend

"The Board of Directors of the company in its meeting held on March 21 have approved a fourth interim dividend of Rs 26 per equity share i.e. 1,300% on face value of Rs 2 per share for the financial year 2022-23 amounting to Rs 10,985 crore," the company said in a filing. The record date for the purpose of payment of the fourth interim dividend is set on March 29. The company said the dividend will be paid within stipulated timelines as prescribed under the law. On Monday, the company's shares closed 0.13% higher at Rs 311 apiece on NSE. The stock has been under pressure since the Government opposed the company's planned $2.98-billion acquisition of zinc assets from Vedanta is the country's only integrated producer of zinc, lead and silver. It has its headquarters in Udaipur, Rajasthan where it has its zinc, lead mines and smelting complexes. As per Trendlyne data, the average target price estimate is Rs 324, which shows an upside of 4.31% from the current levels. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Shares of Hindustan Zinc plunged 9 per cent in Friday's trade after the company said it would buy Zinc International's assets from parent Vedanta. The announcement marred an other wise in line December quarter results reported by the Anil Agarwal firm.  Kotak Institutional Equities said it has raised FY24 estimates to incorporate the cost reduction benefits. "The assets have significant growth potential, given rich resources; however, we find the acquisition expensive on current earnings, as growth optionality has high execution risk. We cut our FV to Rs 270 from Rs 285) and downgrade the stock to sell from reduce," it said. Nuvama Institutional Equities said Hindustan Zinc announcement of acquiring Zinc International assets of parent Vedanta for $2.98 billion  at 14.9 times FY24 EV/Ebitda overshadowed its December quarter earnings. Additionally, HZ announced a third interim dividend of Rs 13 per share and agreed to pay 2 per cent of turnover as brand fee to promoter, it noted. "While Hindustan Zinc’s earnings shall remain firm, the takeover of Zinc International at an expensive valuation would wipe out cash. Despite raising its FY23/24/25E EPS by 6 per cent/5 per cent/3 per cent to factor in higher zinc prices, we are cutting the target valuation to 6 times from 6.5 times in the wake of the above transaction," Nuvama said while cutting its target on stock to Rs 276 from Rs 292 earlier. Motilal Oswal said the acquisition will give Hindustan Zinc access to a resource ba...

Hindustan Zinc Dividend Date 2022: Stock to trade ex-date today | Hindustan Zinc Dividend Record Date, News, Share Price NSE Hindustan Zinc Dividend Date 2022, News, Record Date, Ex-Date, Share Price NSE: Hindustan Zinc stocks will trade ex-dividend date today, November 23. Hindustan Zinc is a Vedanta Group firm. Government of India owns nearly 35 per stake in Hindustan Zinc. • • • • • Hindustan Zinc Dividend Date 2022, News, Record Date, Ex-Date, Share Price NSE: Hindustan Zinc Ltd (NSE: HINDZINC) has announced to distribute an interim dividend to its shareholders for the financial year 2022-23. This would be the second interim dividend of current financial year. Hindustan Zinc Dividend Ex Date Hindustan Zinc has announced to pay a whopping 775 per cent interim dividend to its shareholders. This translates into Rs 15.50 per equity share of the face value of Rs 2. Hindustan Zinc Dividend Record Date 2022 Hindustan Zinc has also announced the record date for the payment of dividend. Hindustan Zinc dividend record date 2022 is November 24. The record date is a date that determines the eligibility of shareholders for receiving the dividend amount. It means that investors having shares of Hindustan Zinc in the Demat account on November 24 would get a Rs 15.50 dividend per share. Hindustan Zinc Dividend Payout, Payment Date 2022 The company's total payout on this account will be Rs 6549.24 crore. The dividend amount will be credited directly into the shareholders' bank account ...

The Vedanta subsidiary announced a dividend of Rs 21.3 per share—implying a dividend yield of 9.5% to its closing price as on Oct. 20, according to a company filing with the stock exchange. The record date for paying the dividend is Oct. 28. Hindustan Zinc Ltd’s (HZL) second-quarter numbers suggest that the metal cycle is improving. The firm’s high dividend payout of ₹21.30 per share should keep its shareholders in high spirits. At its current price, the yield works out to about 9.3%, which is quite decent. Announcement Record Date Dividend Type Dividend % Dividend Price 16/10/2020 27/10/2020 Interim 1065 % Rs. 21.30 /share 11/05/2020 19/05/2020 Interim 825 % Rs. 16.50 /share 22/10/2018 31/10/2018 Interim 1000 % Rs. 20 /share 13/03/2018 23/03/2018 Interim 300 % Rs. 6 /share 23/10/2017 01/11/2017 Interim 100 % Rs. 2 /share 22/03/2017 29/03/2017 Special 1375 % Rs. 27.50 /share HUL Dividend Colgate Dividend LTI Dividend Ambuja Cement Dividend Crompton Greaves Dividend Dividend Dividend Dividend Dividend Dividend Dividend Dividend Dividend ***Related Queries*** latest news hindustan zinc limited, Hindustan Zinc dividend record date 2020, hindustan zinc dividend news 2020, Hindustan Zinc dividend payment date 2020, Hindustan Zinc dividend date 2020, Hindustan Zinc dividend payout date 2020, Hindustan Zinc dividend history 2020, Hindustan Zinc dividend per share 2020, Hindustan Zinc interim dividend 2020, Hindustan Zinc final dividend 2020. Are you Eligible for Dividend? To dete...