Hindustan Zinc Sets 30 April As Record Date For ₹11 Interim Dividend

Hindustan Zinc has fixed 30 April 2026 as the record date for its first interim dividend of ₹11 per equity share for FY27. This makes today, 29 April 2026, the last day for investors to buy shares to qualify for the payout.

The company said the dividend translates into a 550% payout on a face value of ₹2 per share. The total outgo will be ₹4,648 crore. Under the T+1 settlement cycle, shares bought today are expected to be credited to demat accounts by 30 April. Investors purchasing shares on or after the record date will not be eligible, as the shares will not be settled in time.

Dividend Track Record

Hindustan Zinc has declared 44 dividends since 2001. At current market prices, the stock offers a dividend yield of about 1.6%. Recent payouts include:

• ₹10 interim dividend in June 2025

• ₹10 and ₹19 interim dividends in May 2024 and August 2024, respectively

• ₹6 and ₹7 payouts in early FY24

Parent Vedanta is also known for high dividend distribution.

Q4 FY26 Earnings See Sharp Growth

The dividend announcement came alongside strong March quarter results. Hindustan Zinc reported:

• Net profit of ₹5,033 crore, up 68% year-on-year (YoY)

• Revenue of ₹13,544 crore, up 49% YoY

The company had posted a net profit of ₹3,003 crore in the same quarter last year.

Also Read - India Inc Promoters Invest Over $4 billion In Own Stocks As Valuations Ease

Stock Performance In Focus

Hindustan Zinc shares have seen robust gains in recent periods. They:

• Were up about 5% in the past one week

• Gained over 21% in one month

• Rose 36% over one year

The stock has also surged more than 96% in three years and over 100% in five years. The rally has been supported by a sharp rise in silver prices. At 1:42pm, Hindustan Zinc shares were trading at ₹615.40 a piece on the National Stock Exchange (NSE).

Hindustan Zinc remains India’s largest producer of zinc, lead, and silver. It operates integrated mining and smelting facilities across Rajasthan and Uttarakhand. The company contributes nearly 80% of India’s primary zinc production.

Source:

The Economic Times