Vedanta subsidiary Hindustan Zinc declares ₹10 per share interim dividend. Details here

Dividend stocks: Hindustan Zinc, a subsidiary of metals and mining major Vedanta, on Wednesday, June 11, announced an interim dividend of ₹ 10, amounting to a 500% payout considering the face value of ₹ 2.
'… we wish to inform you that the Board of Directors of the Company through a resolution passed by circulation on Wednesday, June 11, 2025, at 12:56 pm, have approved the first Interim Dividend of ₹ 10 per equity share i.e. 500% on face value of ₹ 2/- per equity share for the Financial Year 2025-26,' Hindustan Zinc said in a filing to the exchanges.
Hindustan Zinc, in an earlier update, has already communicated the record date for the purpose of the interim dividend. The company had fixed Tuesday, June 17, 2025, as the record date to identify shareholders eligible to receive the first interim dividend, the company said. It added that the dividend shall be duly paid within the stipulated timelines as prescribed under law.
Hindustan Zinc's parent Vedanta will receive a windfall of ₹ 2,679.54 crore from the recent announcement of a ₹ 10 dividend. Meanwhile, the Government of India will receive around ₹ 1,180 crore as dividend.
The latest dividend brings back the spotlight on Hindustan Zinc's dividend history. The company, which has a decent dividend yield of 3.54%, has announced dividends amounting to ₹ 19 in the past 12 months, according to Trendlyne data.
The last dividend announced by the company was of ₹ 19, with the record date of August 28, 2024.
After surging for four straight sessions amid a rally in silver prices to record high, Hindustan Zinc share price took a breather on Wednesday, June 11, shedding 2.3% of its value. Prior to this, the dividend stock Hindustan Zinc had risen nearly 14% in just four day.
The BSE 200 stock declined to the day's low of ₹ 520.90 during the intra-day session today.
So far in 2025, Hindustan Zinc stock is up 17%; however, in the last one year it has lost 25% of its value. On a longer time frame of five years, the stock has delivered multibagger gains, surging 202%.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Economic Times

a day ago

• Economic Times

Vedanta's Anil Agarwal is better than Buffett

How Vedanta's Anil Agarwal bettered Warren Buffett in returns Vedanta recently divested 66.7 million shares of Hindustan Zinc for INR3,000 crore at INR449 per share, locking in significant gains. Over the past 22 years, the investment has delivered a 24% annual return — far outperforming the Nifty 50's 15% CAGR. Why Infy's Parekh takes home more than TCS' CEO despite being smaller In FY25, K Krithivasan received INR26.5 crore, a modest bump of FONT SIZE SAVE PRINT COMMENT Refer & Earn

Business Standard

2 days ago

• Business Standard

Dividend stocks! Vedanta, 31 others to go ex-date next week; full list here

Here is the complete list of stocks that will trade ex-dividend next week along with their key details SI Reporter New Delhi Dividend stocks: Shares of HDFC Bank, Vedanta, Hindustan Unilever, CARE Ratings, Cipla, Samvardhana Motherson International, and 26 others are expected to remain in the spotlight during the next week, Monday, June 23, 2025, to Friday, May 27, 2025, on account of their announcements of dividend for their respective shareholders. The other notable names to feature in the list include Bajaj Finserv, Dalmia Bharat, Swaraj Engines, Kansai Nerolac Paints, Aegis Logistics, Bajaj Holdings & Investment, Maharashtra Scooters, Kalpataru Projects International, and Sky Industries. The BSE data reveals that shares of these companies are slated to trade ex-dividend during this period. Notably, the ex-date refers to the day a stock begins trading without entitlement to the dividend, meaning investors must own the stock before this date to receive the payout. Among the highlighted companies, Mahindra Group's tractor engine maker Swaraj Engines has declared the highest dividend, announcing a final dividend of ₹104.50 per share. The company has also set Friday, June 27, 2025, as the record date for determining eligible shareholders for their participation in the said announcement. This is followed by Polycab India, which has announced a final dividend of ₹35 per share, also with the record date fixed as Tuesday, June 24, 2025, for the same. Among others, India's largest private sector lender, HDFC Bank, has announced to pay a dividend of ₹22 per share to its shareholders. Metal and mining major Vedanta will pay an interim dividend of ₹7 per share to its shareholders. Here is the complete list of stocks that will trade ex-dividend next week along with their key details: Company Ex-date Purpose Record date Dalmia Bharat June 23, 2025 Final Dividend - ₹5 June 23, 2025 Dynamic Cables June 23, 2025 Final Dividend - ₹0.50 June 23, 2025 Hindustan Unilever June 23, 2025 Final Dividend - ₹24 June 23, 2025 Kansai Nerolac Paints June 23, 2025 Final Dividend - ₹2.50 June 23, 2025 Kansai Nerolac Paints June 23, 2025 Special Dividend - ₹1.25 June 23, 2025 Kalpataru Projects International June 23, 2025 Final Dividend - ₹9 June 23, 2025 Samvardhana Motherson International June 23, 2025 Final Dividend - ₹0.35 June 23, 2025 Motherson Sumi Wiring India June 23, 2025 Final Dividend - ₹0.35 June 23, 2025 Pilani Investment and Industries Corporation June 23, 2025 Final Dividend - ₹15 June 23, 2025 Alkyl Amines Chemicals June 24, 2025 Final Dividend - ₹10 June 24, 2025 Polycab India June 24, 2025 Final Dividend - ₹35 June 24, 2025 Vedanta June 24, 2025 Interim Dividend - ₹7 June 24, 2025 Automobile Corporation of Goa June 25, 2025 Final Dividend - ₹20 June 25, 2025 Aegis Logistics June 25, 2025 Interim Dividend June 25, 2025 Quest Capital Markets June 25, 2025 Final Dividend - ₹2.50 June 25, 2025 Prime Securities June 26, 2025 Final Dividend - ₹1.50 June 26, 2025 Allied Blenders and Distillers June 27, 2025 Final Dividend - ₹3.60 June 27, 2025 Alufluoride June 27, 2025 Final Dividend - ₹3 June 27, 2025 Bajaj Finserv June 27, 2025 Final Dividend - ₹1 June 27, 2025 Bajaj Holdings & Investment June 27, 2025 Final Dividend - ₹28 June 27, 2025 Bharat Bhushan Finance & Commodity Brokers June 27, 2025 Final Dividend - ₹0.6 June 27, 2025 CARE Ratings June 27, 2025 Final Dividend - ₹11 June 27, 2025 Cipla June 27, 2025 Special Dividend - ₹3 June 27, 2025 Cipla June 27, 2025 Final Dividend - ₹13 June 27, 2025 HDFC Bank June 27, 2025 Dividend - ₹22 June 27, 2025 Jayant Agro Organics June 27, 2025 Dividend - ₹2.50 June 27, 2025 Maharashtra Scooters June 27, 2025 Special Dividend - ₹30 June 27, 2025 Maharashtra Scooters June 27, 2025 Final Dividend - ₹30 June 27, 2025 Rainbow Children's Medicare June 27, 2025 Final Dividend - ₹3 June 28, 2025 RPG Life Sciences June 27, 2025 Special Dividend - ₹4 June 27, 2025 RPG Life Sciences June 27, 2025 Final Dividend - ₹20 June 27, 2025 Sky Industries June 27, 2025 Final Dividend - ₹1 June 27, 2025 Swaraj Engines June 27, 2025 Final Dividend - ₹104.50 June 27, 2025 Syngene International June 27, 2025 Final Dividend - ₹1.25 June 27, 2025 Vaibhav Global June 27, 2025 Final Dividend - ₹1.50 June 28, 2025 Visaka Industries June 27, 2025 Final Dividend - ₹0.50 June 27, 2025

Business Standard

2 days ago

• Business Standard

BHEL share price pops 2% on fixing July 11 as record date for dividend

BHEL share price: Bharat Heavy Electricals Limited (BHEL) shares rose as much as 1.98 per cent to hit an intraday high of ₹251.95 per share on the last trading day of the week i.e Friday, June 20, 2025. Around 1:40 PM, BHEL shares were trading 0.79 per cent higher at ₹249 per share. In comparison, BSE Sensex was trading 1.08 per cent higher at 82,236.94 levels. CATCH STOCK MARKET UPDATES LIVE Why did BHEL share price rise in trade today? BHEL share price increased today after the company announced that it has fixed July 11, 2025 as the 'record date' for the purpose of determining the eligibility of the members to receive final dividend of Rs 0.50 per share for FY25. In an exchange filing, BHEL said, 'It is hereby informed that the Company has fixed Friday, July 11, 2025 as the 'Record Date' for the purpose of determining the eligibility of the members to receive final dividend of Rs 0.50 per share (i.e. at 25 per cent on the paid up equity share capital) for the year 2024-25.' Apart from that, the dividend, if approved by the members at the ensuing 61st Annual General Meeting, which is to be held on July 25, 2025, will be paid within 30 days from the date of declaration of dividend i.e. on or before August 23, 2025. BHEL Q4 results BHEL reported a 3 per cent year-on-year (Y-o-Y) increase in consolidated net profit to ₹504.45 crore for the March quarter of financial year 2025 (Q4FY25), driven by robust growth in its industry segment. The company had posted a net profit of ₹489.62 crore in the same quarter last year (Q4FY24). Total income for the quarter rose to ₹9,142.64 crore, up from ₹8,416.84 crore a year earlier. Revenue from the industry business jumped to ₹2,800.96 crore from ₹2,091.98 crore in the corresponding period. For the full fiscal year 2024–25 (FY25), BHEL's consolidated net profit surged to ₹533.90 crore from ₹282.22 crore in the previous year. Annual total income increased to ₹28,804.79 crore from ₹24,439.05 crore. About BHEL BHEL is among the leading power plant equipment manufacturers in the country. The company specialises in the design, engineering, manufacturing, installation, testing, commissioning, and servicing of a diverse array of products and services. BHEL caters to key sectors such as power, transmission, industry, transportation, renewable energy, oil & gas, and defence. As the premier engineering and manufacturing enterprise in the country, BHEL is owned and operated by the Government of India. The market capitalisation of the company is ₹86,703 crore, according to BSE. The company falls under BSE 200 index. The 52-week high of BHEL stock is ₹335.40 per share while its 52-week low is ₹176 apiece.