Hindustan Zinc Q4 dividend: Vedanta subsidiary announces Rs 10 dividend alongwith Q4 earnings
Hindustan Zinc also announced the record date of the dividend i.e. May 15, 2024.
The board of directors of Hindustan Zinc on Tuesday, May 7, approved a final dividend of Rs 10 per equity share for FY24 with a face value of Rs 2 each, according to a stock market disclosure.
The company has also shared its fourth-quarter earnings for the financial year 2024.
In a BSE filing, Hindustan Zinc said, "The Board of Directors of the Company through a resolution passed by circulation on Tuesday, May 07, 2024, consented by the majority of directors at 11:00 am, approved the Interim Dividend of Rs. 10/- per equity share i.e. 500% on the face value of Rs.2/- per equity share for the Financial Year 2024-25 amounting to Rs. 4,225.32 crore."
The company also announced the record date of the dividend i.e. May 15, 2024.
Meanwhile, shares of Hindustan Zinc fell 4.6 per cent on BSE today, May 7 at 12.46 PM.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 5 Small-Cap Funds With Best SIP Returns in 3 Years: What Rs 5,000 and Rs 10,000 SIPs in each fund have given
Gold and Silver rates today (May 27, 2024): MCX gold jumps after sharp losses last week, silver nears Rs 92,100/kg levels
70:15:15 Investment Strategy: Can you build over Rs 1 crore corpus with just Rs 20,000 salary? Know calculations
Shark Tank India: This startup gets blank check offer as revenue soars 10 times in 15 months, resulted in clash between judges
40,000 pension per month: How to get Rs 40,000 as pension every month by investing in NPS? Know the calculation
Top 5 large and mid cap SIP mutual funds in 5 Years: Rs 20,000 SIP in top fund has given a total of Rs 28.22 lakh
12:52 PM IST