Hindustan Zinc Limited explores for, extracts, and processes minerals in India, Asia, and internationally. It operates through two segments, Zinc, Lead, Silver & Others; and Wind Energy. The company produces refined zinc and lead, and silver, as well as sulphuric acid; and manufactures metals and related alloys. It also operates thermal captive power plants with a total power generation capacity of 505.5 megawatts; wind power plants with a capacity of 273.5 megawatts; solar power plants with a capacity of 40.42 megawatts; and waste heat power plants with a capacity of 40.67megawatts. The company was incorporated in 1966 and is headquartered in Udaipur, India. Hindustan Zinc Limited is a subsidiary of Vedanta Limited.
Hindustan Zinc Dividend Announcement
• Hindustan Zinc announced a quarterly dividend of ₹19.00 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-08-28
• Hindustan Zinc annual dividend for 2024 was ₹29.00
• Hindustan Zinc annual dividend for 2023 was ₹52.00
• Hindustan Zinc's trailing twelve-month (TTM) dividend yield is 5.8%
Hindustan Zinc Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | ₹19.00 | quarterly | 2024-09-19 |
2024-05-15 | ₹10.00 | quarterly | 2024-06-06 |
2023-12-14 | ₹6.00 | quarterly | 2024-01-05 |
2023-07-14 | ₹7.00 | quarterly | 2023-08-07 |
2023-03-29 | ₹26.00 | quarterly | 2023-04-20 |
2023-01-30 | ₹13.00 | quarterly | 2023-02-18 |
2022-11-23 | ₹15.50 | quarterly | 2022-12-16 |
2022-07-20 | ₹21.00 | quarterly | 2022-08-12 |
2021-12-14 | ₹18.00 | quarterly | 2022-01-06 |
2020-10-27 | ₹21.30 | quarterly | 2020-10-29 |
2020-05-19 | ₹16.50 | quarterly | 2020-06-11 |
2018-10-31 | ₹20.00 | quarterly | 2018-11-21 |
2018-03-23 | ₹6.00 | quarterly | 2018-04-15 |
2017-11-01 | ₹2.00 | quarterly | 2017-11-22 |
2017-03-29 | ₹27.50 | quarterly | 2017-04-21 |
2016-11-04 | ₹1.90 | quarterly | 2016-11-27 |
2016-04-06 | ₹24.00 | quarterly | 2017-02-01 |
2015-10-23 | ₹1.90 | quarterly | 2015-11-19 |
2015-05-12 | ₹2.50 | quarterly | 2015-07-15 |
2014-09-22 | ₹1.90 | quarterly | 2014-10-17 |
2014-05-19 | ₹1.90 | quarterly | 2014-07-24 |
2013-10-28 | ₹1.60 | quarterly | 2013-11-22 |
2013-05-09 | ₹1.50 | quarterly | 2013-07-15 |
2012-10-23 | ₹1.60 | quarterly | 2012-11-18 |
2012-06-28 | ₹0.90 | quarterly | 2012-08-05 |
Hindustan Zinc Dividend per year
Hindustan Zinc Dividend growth
Hindustan Zinc Dividend Yield
Hindustan Zinc current trailing twelve-month (TTM) dividend yield is 5.8%. Interested in purchasing Hindustan Zinc stock? Use our calculator to estimate your expected dividend yield:
Hindustan Zinc Financial Ratios
Hindustan Zinc Dividend FAQ
Other factors to consider when evaluating Hindustan Zinc as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Hindustan Zinc's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Hindustan Zinc publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Hindustan Zinc distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Hindustan Zinc are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Hindustan Zinc sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Hindustan Zinc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hindustan Zinc declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Hindustan Zinc's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Hindustan Zinc's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.