What is dividend of Hindustan Zinc?

What is dividend of Hindustan Zinc?

Vedanta subsidiary Hindustan Zinc said its board has approved an interim dividend of ₹18 per equity share for 2021-22, amounting to ₹7,605.57 crore.

Is 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. 2.0000 per share(100\%)Interim Dividend.

What do you mean by interim dividend?

An interim dividend is a dividend payment made before a company’s annual general meeting (AGM) and the release of final financial statements. This declared dividend usually accompanies the company’s interim financial statements. The interim dividend is typically the smaller of the two payments made to shareholders.

Who is eligible for 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.

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When can a company declare interim dividend?

Interim Dividend can be declared from the surplus in the Profit and Loss account and out of profits of the current financial year. If the company is in losses during the current FY, then the Rate of Dividend will be the average dividends declared by the company during the 3 immediately preceding years.

How much is the dividend paid by Hindustan Zinc?

Dividend Summary 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 331.95 this results in a…

Are Hindustan Zinc shares in a bullish cycle?

According to present data Hindustan Zinc’s Hindustan Zinc Ltd shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Currently there seems to be a trend where stocks in the Other Mining, Quarrying, and Oil and Gas Extraction sector (s) have been popular in this period.

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What is the target price for hdhindustan Zinc Ltd in 14 days?

Hindustan Zinc Ltd price target in 14 days: 347.385 INR* upside and 336.451 INR* downside. (Highest and lowest possible predicted price in a 14 day period)

What is the history of hithindustan Zinc Ltd?

Hindustan Zinc Ltd., incorporated in the year 1966, is a Large Cap company (having a market cap of Rs 89809.16 Crore) operating in Metals – Non Ferrous sector.