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    HomeNewsBusinessMoneycontrol ResearchHindustan Zinc: Dividend yield to support valuation

    Hindustan Zinc: Dividend yield to support valuation

    Investors need to keep an eye on divestment of government stake during fiscal 2023

    Nandish Shah
    July 22, 2022 / 09:44 IST
    Hindustan Zinc | CMP: Rs 285.35 | The scrip added over 8 percent after the company announced an interim dividend of Rs 21 a share. Hindustan Zinc's board of directors on July 13 approved an interim dividend of Rs 21 per equity share for the financial year 2022-23, amounting to Rs 8,873.17 crore, the company said in a regulatory filing. The record date for the payment of the dividend will be July 21, 2022 and it will be paid within stipulated timelines as prescribed under law, the firm said.
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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More