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Hindustan Zinc (BOM:500188) Forward Dividend Yield % : 11.21% (As of May. 07, 2024)


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What is Hindustan Zinc Forward Dividend Yield %?

As of today (2024-05-07), the Forward Annual Dividend Yield of Hindustan Zinc is 11.21%.

As of today (2024-05-07), the Trailing Annual Dividend Yield of Hindustan Zinc is 8.40%.

BOM:500188's Forward Dividend Yield % is ranked better than
94.61% of 297 companies
in the Metals & Mining industry
Industry Median: 2.38 vs BOM:500188: 11.21

Hindustan Zinc's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Hindustan Zinc's average Dividends Per Share Growth Rate was -21.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hindustan Zinc was 115.40% per year. The lowest was -15.10% per year. And the median was 20.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Hindustan Zinc's Forward Dividend Yield %

For the Other Industrial Metals & Mining subindustry, Hindustan Zinc's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hindustan Zinc's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hindustan Zinc's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hindustan Zinc's Forward Dividend Yield % falls into.



Hindustan Zinc Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Hindustan Zinc Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 6.0000002023-12-142023-12-142023-12-22Cash DividendquarterlyINR:INR 1.000000
INR 7.0000002023-07-142023-07-152023-07-25Cash DividendquarterlyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Hindustan Zinc's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=24/464.05
=5.17 %

Current Share Price is ₹464.05.
Hindustan Zinc's Dividends per Share for the forward twelve months is calculated as ₹6 * 4 = ₹24.

Hindustan Zinc's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=13/464.05
=2.80 %

Current Share Price is ₹464.05.
Hindustan Zinc's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹13.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hindustan Zinc  (BOM:500188) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Hindustan Zinc Forward Dividend Yield % Related Terms

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Hindustan Zinc (BOM:500188) Business Description

Traded in Other Exchanges
Address
Yashad Bhavan, Udaipur, RJ, IND, 313004
Hindustan Zinc Ltd is engaged in exploring, extracting, processing minerals, and manufacturing metals. The company is focused on mining and smelting zinc, Lead, and silver and also power generation through captive power plants and wind power plants. The company produces products under the brand name HZL and Vedanta. The segments of the company include Zinc, Lead, Silver, and others; and Wind energy. The company generates the majority of its revenues through Zinc, Lead, silver, and other segments. The company has a business presence in India, Asia, and the Rest of the World of which India derives a majority of the revenue.

Hindustan Zinc (BOM:500188) Headlines

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