Hindustan Zinc To Declare 1st Interim Dividend For FY26 On Wednesday, June 11; Record Date Fixed; Buy Today?

The largest integrated zinc producer and leading producer of silver in the world is Hindustan Zinc Limited (HZL), a significant Indian metal and mining corporation. It is a division of Vedanta Limited, in which the Indian government also owns a sizeable stake. With operations mostly in Rajasthan and Uttarakhand, HZL manufactures zinc, lead, silver, and other products. Ahead of the board meeting on Wednesday, June 11, to discuss and announce the first interim dividend for FY26, Hindustan Zinc's shares wrapped up Monday, June 9, at Rs 526 per share, up 4.73% on the NSE.

Hindustan Zinc Dividend

"Pursuant to Regulation 29 of SEBI Listing Regulations, Notice is hereby given that the Board of Directors of the Company ("Board") on Wednesday, June 11, 2025, will consider and approve the first Interim Dividend on equity shares, if any, for the Financial Year 2025-26. Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Tuesday, June 17, 2025. Further, pursuant to the provisions of the Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and Insider Trading Prohibition Code of the Company, the trading window shall remain closed for dealing in securities of the Company for all the Designated Persons from Monday, June 09, 2025, till Friday, June 13, 2025 (Both days inclusive)," said Hindustan Zinc in a stock exchange filing.

Hindustan Zinc Dividend History

Dividend History (FY 2022-2025)
Ex‑Dividend Date	Payment Date	Dividend Per Share (₹)	Type
28‑Aug‑2024	19‑Sep‑2024	₹19.00	Interim
15‑May‑2024	06‑Jun‑2024	₹10.00	Interim
14‑Dec‑2023	05‑Jan‑2024	₹6.00	Interim
14‑Jul‑2023	07‑Aug‑2023	₹7.00	Interim
29‑Mar‑2023	20‑Apr‑2023	₹26.00	Interim
30‑Jan‑2023	18‑Feb‑2023	₹13.00	Interim
Source: investing.com

Based on the most recent announcement of an interim dividend of Rs 19, Hindustan Zinc is presently trading at a dividend yield of 3.62%, according to INDmoney. HZL's dividend yield, at about 3.62%, is much higher than the industry average of about 2.8% for the metals and mining sector. A trailing payout ratio of ~118% indicates dividends are being paid out of cash reserves, not just earnings, as per Simply Wall St.

Hindustan Zinc Share Price Target

"HINDZINC is currently trading at ₹525 and has recently demonstrated a strong rebound from its 200-day Exponential Moving Average (EMA) support on the weekly timeframe. This technical bounce, coupled with a sharp recovery visible on the daily chart, is marked by the formation of a strong bullish candle-suggesting a potential long-term trend reversal. The surge in trading volumes further supports this bullish sentiment, indicating heightened investor participation and strong buying interest," said Hardik Matalia - Derivative Analyst at Choice Broking.

"Technically, the stock is trading well above its 20-day, 50-day, and 200-day EMAs, reinforcing the strength of the ongoing upward momentum. A decisive move above the ₹540 mark could act as a breakout level, potentially accelerating the uptrend and pushing the stock toward its short-term target of ₹600. On the downside, ₹507 acts as a crucial support level, offering a cushion against temporary pullbacks or market corrections," the analyst added.

"Given the favorable technical setup, traders may consider initiating a position at the current market price of ₹525, with a stop-loss placed at ₹493 to manage downside risk. However, it is imperative to follow disciplined risk management practices and monitor price action closely to navigate any short-term volatility. This setup offers a good risk-reward ratio for swing or positional traders aiming to capitalize on the stock's renewed momentum," Hardik Matalia further recommended.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.