Hindustan zinc dividend news

DIVIDEND STOCK 775%: Hindustan Zinc Dividend News - Check record date 2022, ex date, amount, payment date Hindustan Zinc Dividend 2022 News, Record Date, Ex-Date, Payment Date, Share Price NSE: Hindustan Zinc stock jumped more than 1.50 per in early morning deals on Thursday. At 9:30 AM, the stock quoted Rs 324.30 apiece, gaining 1.65 per cent on NSE. • • • • • Hindustan Zinc Dividend 2022 News, Record Date, Ex-Date, Payment Date, Share Price NSE: Hindustan Zinc has announced to pay an interim dividend to its shareholders for the financial year 2022- 23. The Vedanta group firm made the announcement in an exchange filing on Wednesday, November 16. The Government of India owns nearly 35 per stake in Hindustan Zinc. Hindustan Zinc Dividend 2022 Amount According to the filing, the board of directors of Hindustan Zinc has announced to pay 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. For example, if a person holds 100 shares of Hindustan Zinc on the record date, the company would pay him Rs 1550 dividend. Hindustan Zinc Dividend Record Date 2022 Record date is nothing but 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 Ex-Date 2022 Hindustan Zinc shares will trade ex-date a business day before th...

Vedanta group firm “We wish to inform you that the Board of Directors of the Company through resolution passed by circulation on Wednesday, July 13, 2022 have approved Interim Dividend of Rs 21 per equity share i.e. 1050 per cent on face value of Rs 2 per share for the financial year 2022-23 amounting to Rs 8,873.17 crores," the regulatory filing stated. The interim dividend will be paid within stipulated timelines as prescribed under law, the exchange filing further noted. The record date for payment of the dividend would be July 21 and the dividend would paid within the stipulated timeline, the company said. The disclosure came days after Hindustan Zinc reported a 14 per cent increase in mined metal production to 2,52,000 tonnes during the first quarter of FY23. The refined metal production in the first quarter of the current fiscal was at 260,000 tonnes, registering a rise of 10 per cent as compared to Q1 FY22 in line with availability of mined metal and better plant availability and flat sequentially, it had said. The refined metal production in the first quarter of the current fiscal was at 260,000 tonnes, registering a rise of 10 per cent as compared to Q1 FY’22 in line with availability of mined metal and better plant availability and flat sequentially. The output of integrated zinc increased by 10 per cent to 2,06,000 tonnes. “Refined lead production was 54,000 tonnes for Q1 FY23, up 11 per cent as compared to Q1 FY22 and up 9 per cent sequentially on account of be...

Hindustan Zinc Dividend: Vedanta group firm Hindustan Zinc has announced to pay an interim dividend to its shareholders. The company while releasing its Q3 results on Thursday, January 19, said that the board has approved third interim dividend of the current fiscal. The company informed that the record date for eligibility of the third interim dividend will be declared on Monday, January 30, 2023. According to the BSE filing of Hindustan Zinc, “Board have approved third interim dividend of Rs. 13/- per equity share i.e. 650 per cent on face value of Rs. 2/- per share for the Financial Year 2022-23 amounting to Rs. 5,493 Crores. The record date for the purpose of payment of third interim dividend, as already communicated is Monday, January 30, 2023. The Third interim dividend will be paid within stipulated timelines as prescribed under law." The stock hit its new 52-week high and it gained 4.57 per cent intraday to end at Rs 377.55 apiece on BSE. The stock’s 52-week high is Rs 383 apiece and 52-week low is Rs 242 apiece, respectively. It has a market capitalisation of Rs 1,59,526.92 crore. The stock has given a return of 9 per cent in last 1-week, 17 per cent in last 1-month, 34 per cent in just last 3-months, and 16 per cent in last 1-year. In last 3-years, it has rallied 74 per cent. The subsidiary of Vedanta Limited, Hindustan Zinc stock has delivered a return of more than 35 per cent in last six months. The stock’s 52-week range is Rs 383.00 - Rs 242.05. At current lev...

Shares of HINDZINC traded higher on Friday. At about 2 pm, the shares of Hindustan Zinc Limited were trading at Rs 310.95 apiece, up two per cent. In Q3FY23, the quarter ending December 2022, Hindustan Zinc said that the total mined metal production of the company in Q3FY23 increased one percent to 2,54,000 tonnes on a (YoY) year-on-year basis. "Further, pursuant to the provisions of the Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and Insider Trading Prohibition Code of the Company, the Trading Window shall remain closed for Designated persons from Thursday, March 16, 2023 to Thursday, March 23, 2023 Meanwhile, shares of HINDZINC traded higher on Friday, March 17, 2023. At about 2 pm, the shares of Hindustan Zinc Limited were trading at Rs 310.95 apiece, up two per cent. In its Q3FY23 results, the quarter ending December 2022, Hindustan Zinc said that the total mined metal production of the company in Q3FY23 increased one per cent to 2,54,000 tonnes on a (YoY) year-on-year basis from 2,52,000 tonnes in the same period a year prior.

Hindustan Zinc Dividend 2023, Hindustan Zinc Dividend News: Vedanta group subsidiary Hindustan Zinc has announced to pay an interim dividend to its shareholders. The company while releasing its Q3 results on Thursday, January 19, said that the board has approved third interim dividend of the current fiscal. Hindustan Zinc Dividend Amount "Board has approved third interim dividend of Rs. 13/- per equity share i.e. 650% on face value of Rs 2 per share for the Financial Year 2022-23 amounting to Rs. 5,493 Crores," the company's filing said. Click Here For Latest Updates On Stock Market | Zee Business Live Hindustan Zinc Record Date 2023 Hindustan Zinc has also fixed the record date for the payment of the third interim dividend. According to information available on NSE website, the record date for determining the eligibility of shareholders for the payment of Rs 13 dividend amount is January 30, 2023. "The record date for the purpose of payment of third interim dividend, as already communicated is Monday, January 30, 2023," the company's filing said. Hindustan Zinc Payout Date The payment date has not been announced yet. "The Third interim dividend will be paid within stipulated timelines as prescribed under law," the company's filing said. Hindustan Zinc Dividend History Hindustan Zinc Share Price History NSE The subsidiary of Vedanta Limited, Hindustan Zinc stock has delivered a return of more than 35 per cent in last six months. The stock's 52-week range is Rs 383.00 - Rs ...

Hindustan Zinc Ltd, a Vedanta Group firm, on March 21, announced a fourth interim dividend of Rs. 10985.83 Crores to its shareholders, according to an exchange filing. The firm said its board approved a dividend of Rs 26 a share or 1300 percent for the financial year 2022-23. It fixed the record date for the dividend as March 29. "Board of Directors of the Company in its meeting held on March 21, 2023 have approved Fourth interim dividend of Rs 26/- per equity share i.e. 1300 percent on face value of Rs. 2/- per share for the Financial Year 2022-23 amounting to Rs 10985.83 Crores," the regulatory filing stated. The interim dividend will be paid within stipulated timelines as prescribed under law, the exchange filing further noted. In January 2023, the firm had announced an interim dividend of Rs 13 a share. The company had declared a dividend of Rs 15.50 per share in November 2022. The company declared a Rs 21 dividend for its stockholders in July 2022. Recently, Hindustan Zinc made headlines when Reuters reported, citing a senior government source, that unless the company cancels the almost $3 billion cash acquisition of two Vedanta Group companies, the Indian government may postpone plans to sell a portion of its ownership in the company. The company, in the last financial results released for the quarter ending December 31, 2022, reported a 20.17 percent drop in its consolidated net profit at Rs 2,156 crore and announced that revenue from operations also fell 2.71 perce...

Illustration: Uttam Ghosh/ The IT services major paid Rs 42,090 crore for FY23, up 167.4 per cent from Rs 15,738 crore for FY22. The 10 biggest payers together shelled out Rs 2.06 trillion for FY23, more than double the Rs 98,371 crore for FY22. In comparison with TCS, mining and metal producer Vedanta was on top of the dividend league table for FY22 with Rs 16,681 crore. Hindustan Zinc is 65 per cent owned by Vedanta and as such a significant portion of dividend payout by the latter is nothing but its dividend income from its subsidiary. The analysis is based on annual dividend payouts by a common sample of 1,075 listed firms that are part of the BSE 500, BSE Mid-cap and BSE Small Cap indices. These companies together paid a record dividend of Rs 3.94 trillion for FY23, up 32.1 per cent Y-o-Y over the Rs 2.98 trillion in FY22. In comparison, these companies’ combined net profits were up 5 per cent Y-o-Y to Rs 10.95 trillion in FY23. (See charts.) The final dividend payout by India Inc for FY23 is expected to grow because many big companies such as Reliance Industries, JSW Steel, Gail (India), and Bharat Petroleum Corporation are yet to declare it. There were two entrants to the top 10 list for FY23 — HDFC Bank and State Bank of India. HDFC Bank became the eighth-biggest with Rs 10,601 crore, as against Rs 3,592.4 crore a year earlier, when the bank, the biggest in the private sector, was the 23rd highest. State Bank of India (SBI) jumped one place to 10th rank in FY23. It...

Hindustan Zinc has announced its fourth interim dividend for FY23. The Anil Agarwal-led company announced dividend of Rs 26 per share, totalling Rs 10,986 crore. This is in addition to Rs 13 per share dividend the metals & mining company it announced in January, Rs 15.50 per share dividend it paid in November and Rs 21 interim dividend it went for in July last year. With this dividend, Hindustan Zinc has announced Rs 75.50 per share dividend in FY23 so far. The dividend announced by the world's second-largest integrated zinc producer and sixth-largest silver producer globally will help Vedanta earn Rs 7,132 crore in dividend payout on 2,74,31,54,310 shares it held in the company as of December-end. Vedanta held 64.92 per cent stake in Hindustan Zinc as of December 31. Recently, reports emerged that the Centre was upset about Vedanta's proposal to sell international zinc assets, as it felt the move would hinder and distort the government's plan to dispose its residual stake in Hindustan Zinc. To recall, the Centre opposed Vedanta's proposal to sell its international zinc assets to Hindustan Zinc for $ 2.98 billion over concerns about valuations. Following the fresh development, shares of Hindustan Zinc were trading 2.82 per cent higher at Rs 319.20 by 9.45 am. The scrip hit a high of Rs 325.25 in Wednesday’s session so far. But foreign brokerage Citi has suggested a 'sell' rating on the stock with a target of Rs 260 per share. Following the dividend, the company will turn...