The Board of Directors of Hindustan Zinc Ltd (HINDZINC) held its meeting on December 7, 2021. It has declared Dividend of Rs 18 per equity share for the financial year 2021-22. The Board meeting commenced at 04:30 PM and concluded at 05:10 PM.
Hindustan Zinc Ltd Q2FY22 Result
The company reported a 3.9 per cent rise in its net profit at Rs 2,017 crore for the quarter ended September 30, on the back of higher revenue from operations. It had posted net profit of Rs 1,940 crore in the year-ago period. The revenue from operations in the July-September quarter increased to Rs 5,958 crore, from Rs 5,533 crore in the year-ago period.
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Hindustan Zinc Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 15 December 2021 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
We wish to inform you that the Board of Directors of the Company in their meeting held on December 07, 2021 have approved Interim Dividend of Rs. 18 per equity share i.e. 900% on face value of Rs. 2/- per share for the Financial Year 2021-22 amounting to Rs. 7605.57 Crores. The interim dividend will be paid within stipulated timelines as prescribed under law.
Important Dates
- Company – Hindustan Zinc Ltd
- Script Name – HINDZINC (NSE) and 500188 (BSE)
- Dividend Amount – 18 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 14 December 2021
- Record Date – 15 December 2021
- Payment Date – 6 January 2021
Also, you can find more information about Hindustan Zinc Ltd on National Stock Exchange and Moneycontrol – Hindustan Zinc Ltd is India’s only integrated producer of zinc and lead. The company manufactures three qualities of zinc. In addition the company also manufactures pure lead used in lead acid battery. The company also in the business segment of Wind Energy, Silver Metal, Zinc and Lead.
