Business Standard

Hindustan Zinc surges 5% on announcing liberal interim dividend

Hindustan Zinc has fixed March 29, 2023 as the record date for the purpose of payment of fourth interim dividend worth Rs 26 per share.

Hindustan Zinc
Premium

Shares of Hindustan Zinc ended trade on the BSE on Wednesday at Rs 271.85 apiece

SI Reporter Mumbai
Shares of Hindustan Zinc rallied 5 per cent to Rs 325.25 on the BSE in Wednesday’s intra-day trade after the company declared interim dividend of Rs 26 per share, which is 1,300 per cent on the face value of Rs 2 per share. This is fourth interim dividend for the financial year 2022-23 amounting to Rs 10,985.83 crore, the company said in an exchange filing.

Hindustan Zinc fixed March 29, 2023 as the record date for the purpose of payment of fourth interim dividend. The fourth interim dividend will be paid within stipulated timelines as prescribed under law, the

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 22 2023 | 9:50 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com