The operating margin of Hindustan Zinc for the current financial year is 47.6644577339583 %. 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. 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. Looking ahead, Hindustan Zinc has not announced an ex-dividend date yet. 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. Find Hindustan Zinc Dividend Latest News, Videos & Pictures on Hindustan Zinc Dividend and see latest updates, news, information from NDTV.COM. 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. Does Hindustan Zinc pay a dividend? The dividend which amounts to Rs. Indeed, Rs 27,157 crores dividend payout (for the FY 2017) is highest ever in India. Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. Post its September quarter results, Hindustan Zinc declared interim dividend of ₹21.30, amounting to ₹9000 crore. 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. While the actual dividend is Rs. 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. Vedanta expected to receive Rs 5,842.8 crore worth of dividend as it has 64.92% stake in Hindustan Zinc. 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. Major part of the dividend will go to Vedanta which holds 64.92% in the company Hindustan Zinc is an integrated mining and resources producer of zinc, lead, silver and cadmium. 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. 1.1. Calculating the last year's worth of payments shows that Hindustan Zinc has a … 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 … HINDZINC Hindustan Zinc Limited Dividend declared & dividend announcements with Dividend Yield . Last year, Hindustan Zinc paid a total dividend of 37.8, and it currently has a trailing dividend yield of 15.81%. Zinc for Galvanization. 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 … At the current share price of Rs 241.65, this results in a dividend yield of 15.64%. HINDUSTAN ZINC LIMITED: Ex-dividend day for interim dividend: FA. You will be entitled to recieve the below mentioned dividend if you hold shares of Hindustan Zinc Limited on the below mentioned Effective date. The Hindustan Zinc dividend yield is 15.81% based on the trailing twelve month period. 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… ... Ex-Dividend Date: Oct 27, 2020: Explore more on Hindustan Zinc Dividend. I get it. 1,065 per cent on face value of Rs 2 per share for the financial year 2020-21, amounting to Rs 9,000 crore.. More than 70% of listed companies have a lower … You want to buy Hindustan Zinc because of recent dividend announcement. So, how will this announcement impact the dividend payouts that is expected from Vedanta?