Hindustan Zinc Dividend: Board approves 1300% interim dividend — Check record date
Hindustan Zinc Dividend 2023 News: Vedanta group company Hindustan Zinc's board has announced an interim dividend of Rs 26/- per equity share i.e. 1300 per cent on face value of Rs 2/- per share for the Financial Year 2022-23.
)
10:41 AM IST
Hindustan Zinc Dividend 2023 News: Vedanta group company Hindustan Zinc's board has announced the payment of fourth interim dividend payout on Tuesday, March 21.
As per the exchange filing, Hindustan Zinc has announced an interim dividend of Rs 26/- per equity share i.e. 1300 per cent on face value of Rs 2/- per share for the Financial Year 2022-23.
Hindustan Zinc dividend: Record date
Hindustan Zinc has fixed the record date for the payment of the fourth interim dividend. According to information available on NSE, the record date for any such dividend will be March 29.
What is a record date?
A record date determines the shareholders eligible to receive the benefit of a corporate action such as a dividend payout.
Hindustan Zinc dividend Payment Date
The dividend amount will be credited directly into the shareholders' bank account linked to their Demat account on the payment date.
"The fourth interim dividend will be paid within stipulated timelines as prescribed under law," the filing said.
ALSO READ: Dividend stock: SBI Card to consider interim dividend today— record date fixed
Hindustan Zinc dividend history
Here's a look at some of the HZL dividends announced in the recent past.
Hindustan Zinc share price target 2023
Brokerage firm Citi has maintained a 'sell' for Hindustan Zinc and has given a target price of Rs 260.
Hindustan Zinc share price: Historical performance
Hindustan Zinc shares traded flat on Dalal Street on Tuesday. Hindustan Zinc shares have rewarded investors with a return of more than 11 per cent in the last six months, a period in which the Nifty50 headline index has declined three per cent.
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
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
)
Mazagon Dock, 4 other stocks to buy: Analysts recommend largecap, midcap, smallcap scrips for up to 1 month
)
SBI Lakhpati RD: Want Rs 2,22,222 or Rs 4,44,444 at maturity? Here's how much to invest monthly for 1-year, 3-year and 5-year
)
Monthly Income From One-time Investment: How Rs 10,00,000 one-time investment for 25 years can generate Rs 1,11,000 monthly income for 30 years
)
Home Loan Calculations: Compare SBI, HDFC Bank, ICICI Bank, PNB, HSBC Bank, other banks interest rates for up to Rs 75 lakh loan amount
)
SBI 444-day FD vs Ind Super 400-day FD: What will you get on investments of Rs 4,99,999, Rs 7,49,999, Rs 8,19,999 and Rs 9,09,999?
)
8th Pay Commission Salary Calculations: Can highest revised basic pay be more than Rs 5,50,000 in new pay commission? See projections for different slabs
10:41 AM IST