A 1,300% dividend may not guarantee a 'buy' rating; Citi maintains 'sell' on Hindustan Zinc

Hindustan Zinc share price: The board of Vedanta group company Hindustan Zinc Ltd (HZL) declared an interim dividend of Rs 26 per equity share iof face value of Rs 2 on Tuesday — a 1,300 per cent dividend payout. 

A 1,300% dividend may not guarantee a 'buy'
Hindustan Zinc dividend: The Vedanta group company has fixed March 29 as the record date for its latest dividend payout. | Image: Pixabay

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