Hindustan Zinc (BOM:500188) Dividend Payout Ratio : 3.36 (As of Sep. 2024)

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What is Hindustan Zinc Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Hindustan Zinc's Dividend Payout Ratio for the months ended in Sep. 2024 was 3.36.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hindustan Zinc Ltd is 1.68, which seems too high.

The historical rank and industry rank for Hindustan Zinc's Dividend Payout Ratio or its related term are showing as below:

BOM:500188' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.79 Max: 2.15
Current: 1.68

During the past 13 years, the highest Dividend Payout Ratio of Hindustan Zinc was 2.15. The lowest was 0.12. And the median was 0.79.

BOM:500188's Dividend Payout Ratio is ranked worse than
91.85% of 270 companies
in the Metals & Mining industry
Industry Median: 0.39 vs BOM:500188: 1.68

As of today (2024-12-13), the Dividend Yield % of Hindustan Zinc is 6.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hindustan Zinc was 24.58%. The lowest was 0.59%. And the median was 5.88%.

Hindustan Zinc's Dividends per Share for the months ended in Sep. 2024 was ₹19.00.

During the past 12 months, Hindustan Zinc's average Dividends Per Share Growth Rate was -43.10% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Hindustan Zinc Dividend Payout Ratio Historical Data

The historical data trend for Hindustan Zinc's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Hindustan Zinc Dividend Payout Ratio Chart

Hindustan Zinc Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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2.15

0.79

1.99

2.14

Hindustan Zinc Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.71	1.25	-	1.80	3.36

Competitive Comparison of Hindustan Zinc's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Hindustan Zinc's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hindustan Zinc's Dividend Payout Ratio falls into.

Hindustan Zinc Dividend Payout Ratio Calculation

Hindustan Zinc's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	39	/	18.216
	=	2.14

Hindustan Zinc's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	19	/	5.656
	=	3.36

Hindustan Zinc (BOM:500188) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Hindustan Zinc Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Hindustan Zinc's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Hindustan Zinc Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hindustan Zinc Ltd (BOM:500188) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

HINDZINC:India

Address

Yashad Bhavan, Udaipur, RJ, IND, 313004

Website

https://www.hzlindia.com

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.

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