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Mint
11-06-2025
- Business
- Mint
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%.
Business Standard
09-06-2025
- Business
- Business Standard
Hindustan Zinc rallies on plans to approve interim dividend for FY26
Hindustan Zinc surged 5.04% to Rs 527.50 after the company has scheduled board meeting on 11 June 2025, to consider and approved the first interim dividend for the financial year 2025-26. In a regulatory filing, the company informed the stock exchanges that, "Pursuant to Regulation 29 of the SEBI Listing Regulations, notice is hereby given that the Board of Directors of the Company will, at its meeting scheduled on Wednesday, 11 June 2025, consider and approve the first interim dividend on equity shares, if any, for the financial year 202526." Hindustan Zinc is engaged in exploring, extracting and processing of minerals. The companys consolidated net profit jumped 47.4% to Rs 3,003 crore on 21.2% rise in revenue from operations to Rs 8,829 crore in Q4 FY25 over Q4 FY24.
Time of India
09-06-2025
- Business
- Time of India
This Vedanta subsidiary's shares surge 4% ahead of June 11 board meeting to consider interim dividend
Shares of Hindustan Zinc rose 4% on Monday to close at Rs 522.40 on the BSE, as investor sentiment turned upbeat ahead of the company's scheduled board meeting on June 11, 2025, to consider and approve the first interim dividend for the financial year 2025–26. 'Pursuant to Regulation 29 of SEBI Listing Regulations, Notice is hereby given that the Board of Directors of the Company ('Board') on Wednesday, June 11, 2025, will consider and approve the first Interim Dividend on equity shares, if any, for the Financial Year 2025-26,' the company informed to the stock exchanges via a regulatory filing. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Linda Kozlowski, 67, Shows Off Her Perfect Figure In A New Photo Today's NYC In an earlier regulatory filing, the Vedanta Group subsidiary announced that its board will meet on Wednesday to decide on the interim dividend, if any, on equity shares. The company also stated that June 17, 2025, has been fixed as the record date for determining the eligibility of shareholders to receive the dividend, if declared. Further, in line with SEBI's insider trading regulations, Hindustan Zinc has closed its trading window for designated persons from June 9 to June 13, 2025, both days inclusive, ahead of the board deliberations. Live Events Also read: MCX shares rise 4%, hit lifetime high on Sebi's nod for launch of electricity derivatives Hindustan Zinc dividend history Over the past 12 months, Hindustan Zinc Ltd. has announced a total equity dividend of Rs 19 per share. Based on the current share price of Rs 517, this translates to a dividend yield of 3.68%. Hindustan Zinc share price performance The shares of Hindustan Zinc have declined 24.25% over the past 1 year, despite showing a 17.31% gain year-to-date (YTD). In the last 6 months, the stock has moved up by 2.89%, while the 3-month return stands at 21.47%. Notably, the stock has surged 27.70% in the last 1 month, indicating strong short-term momentum. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Observer
27-05-2025
- Science
- Observer
Al Barwani honoured with Jayakar Award
MUSCAT: Prominent Omani technologist, thought leader, and community influencer Tariq bin Hilal al Barwani has been awarded the distinguished Jayakar Award by the Indian Science Forum, in a high-profile event held at the National University of Science and Technology. The award was presented by G V Srinivas, Ambassador of India to the Sultanate of Oman, in the presence of Dr J Retnakumar, Chairman of the Indian Science Forum, and Syed Ahmad Salman, Chairman of the Board of Directors of Indian Schools in Oman. Named in honour of Sir Jayakar, an eminent Indian scholar and visionary, the Jayakar Award celebrates exceptional individuals who have demonstrated unwavering commitment to the advancement of science, education and social development. Al Barwani's contribution to technology, youth empowerment, and cross-cultural collaboration made him a natural recipient of this year's accolade. "This award is not just a recognition of past achievements, but a call to continue building, inspiring, and transforming lives," said Tariq al Barwani. "I dedicate this honour to every young dreamer who believes in the power of knowledge, resilience and service to society." The event gathered leading academics, innovators, and students from diverse backgrounds, reinforcing the spirit of unity through science and education. Al Barwani's recognition is seen as a symbol of the strong and growing relationship between Oman and India, built on shared values of innovation, mutual respect and community progress.
Mint
28-04-2025
- Business
- Mint
Oberoi Realty Q4 Results: Net profit tanks 45% YoY to ₹433 crore over higher land acquisition cost; dividend announced
Oberoi Realty Q4 Results: Oberoi Realty Ltd announced its Janaury to March quarter results for the financial year ended 2024-25, on Monday, April 28. The company witnessed a 45 per cent fall in their consolidated net profits for the fourth quarter at ₹ 433.17 crore, compared to ₹ 788.03 crore in the same quarter of the previous fiscal, according to the BSE filing. The real estate developer, Oberoi Realty, announced that the company has declared a fourth interim dividend for the financial year ending 2024-25 along with its January to March quarter results. Oberoi Realty has announced an interim dividend of ₹ 2 per equity share for every eligible shareholder. This means that shareholders will get ₹ 2 per share on every share they own of the company. 'This is to inform you that the Board of Directors of the Company at their meeting held on April 28, 2025 has declared 4th interim dividend of ₹ 2 per equity share (i.e. 20% of the face value of equity share of Rs. 10 each) in respect of the fourth quarter of the financial year ended March 31, 2025,' said the company in the BSE filing. According to the filing data, the company has set May 5, 2025, as the 'Record Date' for the interim dividend issue. (This is a breaking story. The story will be updated soon) Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 28 Apr 2025, 08:13 PM IST
