Hindustan Zinc Dividend History : India’s largest integrated zinc production company Hindustan Zinc Ltd (HZL) stocks are listed on the BSE and NSE. In this article we will discuss on its dividend history. All the details are given below like ex-date, record date, last 10 years or 5 years history, etc.
Brief Information about Hindustan Zinc Limited
Hindustan Zinc Limited (HZL) is an Indian company engaged in the integrated mining and production of zinc, lead, silver, and cadmium. It is India’s largest and the world’s second-largest integrated zinc producer. It operates as a subsidiary of Vedanta Limited. Originally incorporated in January 1966 from the former Metal Corporation of India as a Public Sector Undertaking (PSU), HZL was put up for sale in 2001 under the Government of India’s disinvestment program for loss-making PSUs.
Dividend History of Hindustan Zinc
- Hindustan has announced 43 dividends since June 28, 2001.
- Company has declared equity dividend 2 times for the last financial year (1 Apr 2023 – 31 Mar 2024), amounting to total of 13 Rs. per share.
- In this calendar year (2024), has declared dividend 1 time (on 15 May 2024), amounting to total of 10 Rs. per share.
- For the fiscal year ending March 2024, Hindustan Zinc has announced an equity dividend of 650%, equating to ₹13 per share.
- In the last 12 months, paid a dividend of ₹16.00 per share.
Hindustan Zinc Dividend History Last 10 years
Here is the dividend history list of Hindustan Zinc Limited. You can view the details of company’s past 10 years in the given table.
| Ex-Date | Record Date | Dividend (Rs.) | Dividend Type |
|---|---|---|---|
| 28 Aug 2024 | 28 Aug 2024 | 0.00 | INTERIM |
| 15 May 2024 | 15 May 2024 | 10.00 | INTERIM |
| 14 Dec 2023 | 14 Dec 2023 | 6.00 | INTERIM |
| 14 Jul 2023 | 15 Jul 2023 | 7.00 | INTERIM |
| 29 Mar 2023 | 29 Mar 2023 | 26.00 | INTERIM |
| 30 Jan 2023 | 30 Jan 2023 | 13.00 | INTERIM |
| 23 Nov 2022 | 24 Nov 2022 | 15.50 | INTERIM |
| 20 Jul 2022 | 21 Jul 2022 | 21.00 | INTERIM |
| 14 Dec 2021 | 15 Dec 2021 | 18.00 | INTERIM |
| 25 Aug 2021 | 26 Aug 2021 | 0.00 | – |
| 27 Oct 2020 | 28 Oct 2020 | 21.30 | INTERIM |
| 19 May 2020 | 20 May 2020 | 16.50 | INTERIM |
| 29 Oct 2019 | 30 Oct 2019 | 0.00 | INTERIM |
| 31 Oct 2018 | 01 Nov 2018 | 2.00 | INTERIM |
| 23 Mar 2018 | 26 Mar 2018 | 6.00 | INTERIM |
| 01 Nov 2017 | 02 Nov 2017 | 2.00 | INTERIM |
| 29 Mar 2017 | 30 Mar 2017 | 27.50 | SPECIAL |
| 24 Mar 2017 | 28 Mar 2017 | 0.00 | INTERIM |
| 04 Nov 2016 | 07 Nov 2016 | 1.90 | INTERIM |
| 06 Apr 2016 | 07 Apr 2016 | 24.00 | SPECIAL |
| 23 Oct 2015 | 26 Oct 2015 | 1.90 | INTERIM |
| 23 Oct 2015 | 26 Oct 2015 | 1.90 | SPECIAL |
| 12 May 2015 | – | 2.50 | FINAL |
| 22 Sep 2014 | 23 Sep 2014 | 1.90 | INTERIM |
| 19 May 2014 | – | 1.90 | FINAL |
| 28 Oct 2013 | 29 Oct 2013 | 1.60 | INTERIM |
| 09 May 2013 | – | 1.50 | FINAL |
| 23 Oct 2012 | 26 Oct 2012 | 1.60 | INTERIM |
| 28 Jun 2012 | – | 0.90 | FINAL |
| 25 Oct 2011 | 28 Oct 2011 | 1.50 | INTERIM |
| 16 Jun 2011 | – | 1.00 | FINAL |
| 22 Jul 2010 | – | 6.00 | FINAL |
| 29 Jul 2009 | – | 4.00 | FINAL |
| 12 Aug 2008 | – | 2.50 | FINAL |
| 08 Nov 2007 | 12 Nov 2007 | 2.50 | INTERIM |
| 12 Sep 2007 | – | 2.50 | FINAL |
| 08 Feb 2007 | 09 Feb 2007 | 2.50 | INTERIM |
| 07 Sep 2006 | – | 2.50 | FINAL |
| 06 Sep 2005 | – | 1.75 | FINAL |
| 21 Sep 2004 | – | 1.40 | FINAL |
| 28 Aug 2003 | – | 0.80 | FINAL |
| 19 Aug 2002 | – | 0.00 | FINAL |
| 28 Jun 2001 | – | 0.00 | FINAL |
Also read – Coal India dividend history last 10 years, Ex dividend, Record date, New Update 2024
Hindustan Zinc Ltd Bonus History
The last bonus that had announced was in March 2011 in the ratio of 1:1. The share has been quoting ex-bonus from March 7, 2011.
| Ex-Bonus Date | Record Date | Bonus Ratio |
|---|---|---|
| 07-03-2011 | 08-03-2011 | 1:1 |
Merit and Demerits
All companies have some strengths and weaknesses. Currently, this company also has its own set of pros and cons..
- The company has improved its financial health by reducing debt, consistently achieved a strong return on equity of 39.2% over the past three years, and maintained a high dividend payout ratio of 151%, indicating robust shareholder returns
- The stock is highly overvalued compared to its assets, the company has shown weak sales growth, and the promoters have pledged nearly all their shares, indicating potential financial instability. (more details on screener.in)
Also read–
FAQs on Hindustan Zinc Dividend History
1- Why Companies give dividend ?
Answer : Companies give dividends to distribute a portion of their profits to shareholders as a return on their investment. Dividends are typically paid out regularly, usually quarterly or annually, and are one way for companies to reward shareholders for holding their stock.
2- Does Hindustan Zinc pay Dividends regularly ?
Answer : The company has a strong dividend history and has consistently paid dividends over the past five years.
3- Is Hindustan Zinc Ltd giving dividends in 2024 ?
Answer : In 2024, HZL has declared dividend on 15 May amounting to total of 10 Rs. per share.
Disclaimer : All the information on this website is for educational purposes only, not for trading or advice. The data given here may also differ from the real-time and accuracy. We highly recommend to do your own research before making any investment.
