HINDUSTAN ZINC BONUS, SPLIT AND DIVIDEND HISTORY

HINDUSTAN ZINC LIMITED WAS INCORPORATE FROM THE ERSTWHILE METAL CORPORATION OF INDIA ON 10 JAN 1966 AS A PUBLIC SECTOR UNDERTAKING.

HINDUSTAN ZINC LIMITED (HZL) IS AN INDIAN INTEGRATED MINING AND RESOURCES PRODUCERS OF ZINC, LEAD, SILVER AND CADMIUM. IT IS A SUBSIDIARY OF VEDANTA LIMITED. EAILIER IT WAS A CENTRAL PUBLIC SECTOR UNDERTAKING, SOLD BY GOVERNMENT OF INDIA TO VEDANTA LIMITED. HZL IS THE WORLD`S SECOND LARGEST ZINC PRODUCER.

MINING: – HZL OPERATES THE WORLD’S THIRD LARGEST OPEN-PIT MINE AND THE WORLD`S LARGEST ZINC MINE IN RAMPURA AGUCHA, RAJSTHAN. OTHERS MINES OWNED BY HZL ARE LOCATED IN RAJPURA AND DARIBA, SINDESAR KHURD, KAYAD AND ZAWAR, ALL IN RAJSTHAN. 

SMELTING: – HZL OPERATES ZINC AND LEAD SMELTERS AND REFINARIES AT CHANDERIYA (CHITTORGARH), DEBARI (UDAIPUR) & DARIBA (RAJSAMAND) IN RAJSTHANWITH TOTAL ZINC AND LEAD PRODUCTION CAPACITY OF 10 LAKHS TONES. A SMELTING FACILITY WAS ESTABLISHED AT PANTNAGAR IN UTTARAKHAND. IT WAS INITIALLY INTENDEND TO SERVE AS A SMEKLTING FACILITY FOR SILVER PRODUCTION BUT LATER ZINC AND LEAD MELTING AND CASTING PLANTS WERE ALSO ESTABLISHED HERE. IT ALSO HAS ZINC SMELTER IN VISAKHAPATNAM, ANDHRA PRADESH, WHERE OPERATIONS HAS BEEN SUSPENDED SINCE FEB 2012.

HZL HEADQUARTERS LOCATED IN UDAIPUR, RAJSTHAN IN INDIA.

THE COMPANIES SUPPLIES TO MORE THAN 40 COUNTRIES AND HOLDS A MARKET SHARE OF ABOUT 70 PERCENTAGE OF PRIMARY ZINC MARKET IN INDIA. HZL HAS BEEN RECOGNIZED AS THE WORLD`S MOST SUSTAINABLE COMPANY IN  THE METALS AND MINING CATEGORIES BY THE S & P GLOBAL CORPORATE SUSTAINABILITY ASSESSMENT 2023, REFLECTING ITS OPERATIONAL EXCELLENCE INNOVATION  AND LEADING ESG PRACTICES.

BONUS HISTORY:-

HINDUSTAN ZINC LIMITED HAS GIVEN 1 BONUS SINCE 07 MARCH 2011. THE LAST BONUS THAT HINDUSTAN ZINC LTD ANNOUNCED WAS IN THE RATIO 1:1 WITH EX-DATE OF 07 MAR 2011.

MARKET CAP: – RS 207505 CR

CURRENT PRICE: – RS 491/-

HIGH / LOW: – RS 808 / 285

DIVIDEND YIELD: – 5.93 %

BOOK VALUE: – RS 18.1/-

FACE VALUE: – RS 2/-

PROS: – COMPANY HAS GOOD RETURN ON EQUITY (ROE) TRACK RECORD 3 YEARS ROE 39.2%. COMPANY HAS BEEN MAINTAINING A HEALTHY DIVIDEND PAYOUT OF 151%

CONS: – STOCK IS TRADING AT 27.3 TIMES ITS BOOK VALUE.  THE COMPANY HAS DELIVERED A POOR SALES GROWTH OF 6.50% OVER PAST FIVE YEARS. PROMOTERS HAVE PLEDGED 99% OF THEIR HOLDINGS.

PLEASE COMMENT IN COMMENT BOX.

   DIVIDEND HISTORY:

ANNOUNCEMENT DATE	EX-DIVIDEND DATE	DIVIDEND TYPE	DIVIDEND (RS)
14 Aug, 2024	28 Aug, 2024	Interim	19.00
02 May, 2024	15 May, 2024	Interim	10.00
04 Dec, 2023	14 Dec, 2023	Interim	6.00
05 Jul, 2023	14 Jul, 2023	Interim	7.00
16 Mar, 2023	29 Mar, 2023	Interim	26.00
16 Jan, 2023	30 Jan, 2023	Interim	13.00
11 Nov, 2022	23 Nov, 2022	Interim	15.50
08 Jul, 2022	20 Jul, 2022	Interim	21.00
02 Dec, 2021	14 Dec, 2021	Interim	18.00
16 Oct, 2020	27 Oct, 2020	Interim	21.30
11 May, 2020	19 May, 2020	Interim	16.50
22 Oct, 2018	31 Oct, 2018	Interim	20.00
13 Mar, 2018	23 Mar, 2018	Interim	6.00
23 Oct, 2017	01 Nov, 2017	Interim	2.00
22 Mar, 2017	29 Mar, 2017	Special	27.50
24 Oct, 2016	04 Nov, 2016	Interim	1.90
23 Mar, 2016	06 Apr, 2016	Special	24.00
09 Oct, 2015	23 Oct, 2015	Interim	1.90
19 Oct, 2015	23 Oct, 2015	Special	1.90
20 Apr, 2015	12 May, 2015	Final	2.50
16 Jan, 2023	30 Jan, 2023	Interim	13.00
11 Nov, 2022	23 Nov, 2022	Interim	15.50
08 Jul, 2022	20 Jul, 2022	Interim	21.00
02 Dec, 2021	14 Dec, 2021	Interim	18.00
16 Oct, 2020	27 Oct, 2020	Interim	21.30
16 Jan, 2023	30 Jan, 2023	Interim	13.00
11 Nov, 2022	23 Nov, 2022	Interim	15.50
08 Jul, 2022	20 Jul, 2022	Interim	21.00
02 Dec, 2021	14 Dec, 2021	Interim	18.00
16 Oct, 2020	27 Oct, 2020	Interim	21.30
11 May, 2020	19 May, 2020	Interim	16.50
22 Oct, 2018	31 Oct, 2018	Interim	20.00
13 Mar, 2018	23 Mar, 2018	Interim	6.00
23 Oct, 2017	01 Nov, 2017	Interim	2.00
22 Mar, 2017	29 Mar, 2017	Special	27.50
24 Oct, 2016	04 Nov, 2016	Interim	1.90
23 Mar, 2016	06 Apr, 2016	Special	24.00
09 Oct, 2015	23 Oct, 2015	Interim	1.90
19 Oct, 2015	23 Oct, 2015	Special	1.90
20 Apr, 2015	12 May, 2015	Final	2.50
05 Sep, 2014	22 Sep, 2014	Interim	1.90
21 Apr, 2014	19 May, 2014	Final	1.90
14 Oct, 2013	28 Oct, 2013	Interim	1.60
25 Apr, 2013	09 May, 2013	Final	1.50
12 Oct, 2012	23 Oct, 2012	Interim	1.60
19 Apr, 2012	28 Jun, 2012	Final	0.90
17 Oct, 2011	25 Oct, 2011	Interim	1.50
21 Apr, 2011	16 Jun, 2011	Final	1.00
21 Apr, 2010	22 Jul, 2010	Final	6.00
22 Apr, 2009	29 Jul, 2009	Final	4.00
24 Apr, 2008	12 Aug, 2008	Final	2.50
22 Oct, 2007	08 Nov, 2007	Interim	2.50
26 Apr, 2007	12 Sep, 2007	Final	2.50
22 Jan, 2007	08 Feb, 2007	Interim	2.50
28 Apr, 2006	07 Sep, 2006	Final	2.50
02 Jun, 2005	06 Sep, 2005	Final	1.75
15 Jun, 2004	21 Sep, 2004	Final	1.40
18 Jun, 2003	28 Aug, 2003	Final	0.80