Hindustan Zinc dividend: 5 things you should know

Hindustan Zinc dividend: 5 things you should know

Hindustan Zinc’s dividend would be paid to those shareholders, whose names will appear on the register of members or in the records of the depositories as beneficial owners of the shares, as on Wednesday.

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Hindustan Zinc announced a total dividend of Rs 18 per share, amounting to Rs 7,606 crore in FY22. It paid Rs 21.30 per share dividend in FY21, totalling Rs 9,000.Hindustan Zinc announced a total dividend of Rs 18 per share, amounting to Rs 7,606 crore in FY22. It paid Rs 21.30 per share dividend in FY21, totalling Rs 9,000.
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Amit Mudgill
  • Mar 29, 2023,
  • Updated Mar 29, 2023 8:27 AM IST

Shares of Hindustan Zinc will turn ex-dividend on Thursday for the fourth time in FY23. The Anil Agarwal company has been a consistent dividend payer in FY23, having announced Rs 75.50 per share in total dividend in the financial year so far. Here are five things you should know about Hindustan Zinc's dividend. 

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Data available with corporate database AceEquity suggests Hindustan Zinc's dividend yield stood at 6.1 per cent in FY21 and 5.2 per cent in FY22. Its dividend yield at Tuesday's closing price of Rs 328.70 stood at 5.62 per cent.

Also read: SBI Card, Hindustan Zinc shares to go ex-dividend today; Symphony to turn ex-buyback

Also read: SGX Nifty flat: Asian markets, dollar movement, crude prices, FPI flows & more

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

Shares of Hindustan Zinc will turn ex-dividend on Thursday for the fourth time in FY23. The Anil Agarwal company has been a consistent dividend payer in FY23, having announced Rs 75.50 per share in total dividend in the financial year so far. Here are five things you should know about Hindustan Zinc's dividend. 

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Data available with corporate database AceEquity suggests Hindustan Zinc's dividend yield stood at 6.1 per cent in FY21 and 5.2 per cent in FY22. Its dividend yield at Tuesday's closing price of Rs 328.70 stood at 5.62 per cent.

Also read: SBI Card, Hindustan Zinc shares to go ex-dividend today; Symphony to turn ex-buyback

Also read: SGX Nifty flat: Asian markets, dollar movement, crude prices, FPI flows & more

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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