Hindustan Zinc Announces To Pay Interim Dividend of Rs 18 Per share For 2021-22

New Delhi: The board of Hindustan Zinc Ltd has approved an interim dividend of Rs 18 per equity share for 2021-22 amounting to Rs 7,605.57 crore.

As per the filing of the company to the Bombay Stock Exchange (BSE), the dividend will be paid within stipulated timelines.

"The board of directors of the company in their meeting held on December 7, has approved an interim dividend of Rs 18 per equity share i.e 900 per cent on the face value of Rs 2 per share for the financial year 2021-22 amounting to Rs 7,605.57 crore," the filing said.

Meanwhile, the share of the company on Wednesday was quoting at Rs 359.7, up 1.73 percent on the day as on 12:49 IST on the National Stock Exchange (NSE).

As compared to last year, 28.66 percent spurt in NIFTY and a 79.31 percent spurt in the Nifty Metal, the stock is up 47.93 percent in last one year.

On Wednesday, the company gained for a fifth straight session as it was quoting at Rs 359.7, up 1.73 percent on the day as on 12:49 IST on the NSE.

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