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Further, the board has also fixed June 17 as the record date for determining eligible shareholders, with the dividend to be paid within the stipulated regulatory timeline.
The board’s announcement follows a surge in investor optimism earlier in the week, with shares jumping 4–6% ahead of the June 11 meeting, where the dividend was approved
This latest dividend is a continuation of Hindustan Zinc’s steady tradition of rewarding shareholders. In FY25, the company paid interim dividends of Rs 10 (May 2024) and Rs 19 (August 2024), with prior payouts of Rs 6 and Rs 7 in the early part of FY 2023–24
The consistent dividend history underscores HZL’s strong cash generation and commitment to shareholder value.
The dividend was announced on the back of consistent financial results. In Q4FY25, the company posted a 47% jump in consolidated net profit to Rs 3,003 crore on a 20% revenue rise to Rs 9,087 croreAnalysts suggest healthy margins, aided by operational efficiency and stable metal prices, have strengthened its ability to pay generous dividends.Hindustan Zinc is India’s largest producer of zinc, lead, and silver. The company operates fully integrated mining and smelting facilities across Rajasthan and Uttarakhand.
It accounts for nearly 80% of India’s primary zinc production and is among the world’s top 10 silver producers. The company’s operations include underground mines, captive power plants, and smelting facilities, ensuring self-sufficiency in raw materials and energy.
On Wednesday, Hindustan Zinc shares were trading 2% lower in afternoon trade at Rs 521.8 on NSE.
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https://economictimes.indiatimes.com/markets/stocks/news/hindustan-zinc-declares-rs-10-interim-dividend-check-record-date/articleshow/121774476.cms