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Has Hindustan Zinc declared dividend?
Hindustan Zinc Ltd. For the year ending March 2021 Hindustan Zinc has declared an equity dividend of 1065.00\% amounting to Rs 21.3 per share. At the current share price of Rs 323.80 this results in a dividend yield of 6.58\%.
Who will get interim dividend?
An interim dividend is typically one of two dividends given out by a company that is providing shareholders with income on a semi-annual basis. The interim dividend is usually paid out ahead of a firm’s annual general meeting and the release of the final version of its financial statements.
Can I get interim dividend after announcement?
In case of interim dividend, the payout to the shareholders has to happen within 30 days from the date of the announcement of the dividend. However, in case of final dividend, the actual payment of dividend only has to be made within 30 days of the Annual General Meeting (AGM).
What is the record date for Hindustan Zinc dividend?
The record date for purpose of determining the eligibility for payment of the interim dividend is December 15.
When can we declare interim dividend?
In accordance with the provisions of sub-section (3) of section 123,the Board of Directors of a company may declare interim dividend during any financial year out of the surplus in the profit and loss account and out of profits of the financial year in which such interim dividend is sought to be declared.
How do you declare an interim dividend?
Opening of Bank Account and Payment of Dividend Company shall make payment of interim dividend by way of cheque or warrant or in any electronic mode to the shareholder entitled to receive the interim dividend within 30 days from the date of declaration of interim dividend.
Why is interim dividend paid?
An interim dividend is a distribution to shareholders that has been both declared and paid before a company has determined its full-year earnings. Such dividends are frequently distributed to the holders of a company’s common stock on either a quarterly or semi-annual basis.
Which meeting interim dividend is decided and declared?
The Interim Dividend is decided and declared in the Board Meeting.