Hindustan Zinc will pay fourth interim dividend to the shareholders
[ad_1]
copy photo
google creative commons
With this, the total dividend paid by HZL to the shareholders for the current financial year (2022-23) has reached a record Rs 32,000 crore. Thus, HZL has become one of the highest dividend paying companies in the country.
The board of directors of Hindustan Zinc Limited (HZL), a Vedanta group company, has decided to pay fourth interim dividend of Rs 26 per share to the shareholders. With this, the total dividend paid by HZL to the shareholders for the current financial year (2022-23) has reached a record Rs 32,000 crore. Thus, HZL has become one of the highest dividend paying companies in the country.
In a BSE filing, Hindustan Zinc said, “The company’s board of directors in its meeting held on March 21 has resolved to pay a fourth interim dividend of Rs 26 per share.” This is 1,300 per cent of a share of face value of Rs 2. Under this, an amount of Rs 10,985.83 crore will be given. ”The company said that this interim dividend will be paid within the time limit prescribed under the law. Hindustan Zinc, the country’s largest producer of zinc, lead and silver, is owned by the Vedanta group at 64.92 per cent, while the government holds 29.54 per cent.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
other news
[ad_2]
Source link
