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Vedanta-Owned Hindustan Zinc to Pay $958 Million Dividend.
- Source :
- Bloomberg.com; 8/20/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Hindustan Zinc Ltd., owned by the Vedanta group, will pay a dividend of approximately $958 million for the current financial year. The company's board approved a dividend of 19 rupees per share. Vedanta Ltd., the founder and largest shareholder of Hindustan Zinc, is expected to be the biggest beneficiary of the payout. The dividend may also help Vedanta Resources Plc, the group's holding company, in repaying its debt. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 179103049