Unlocking Dividend Opportunities in Top Mid-Cap Stock
1. Understanding the Ex‑Dividend Event: What Every Investor Should Know
Ex-dividend defined: From the ex-dividend date, traders buying the stock aren’t eligible for the upcoming dividend. To receive dividends, shares must be held at the close of trading on the ex-dividend date. (reddit.com, reddit.com)
T+1 settlement notes: In India’s T+1 system, you must purchase the stock one day before the record date and hold it through the record date to qualify. Since both Hindustan Zinc and Shankara set the record (and ex) date as June 17, 2025, buyers needed to buy the shares by market close on June 16, 2025. (reddit.com)
₹10 per share (500% of ₹2 face value) (angelone.in)
Record & Ex-Date
June 17, 2025
Eligible Shareholders
On‑market purchase by June 16 close
Dividend Yield
Approx. 3.54% based on trailing history
Dividend Track Record
₹19 interim declared Aug 2024; strong historic payouts
Why this matters: HZL continues its strong track record of shareholder returns, signaling robust free cash flows and financial discipline—even amid volatile metal prices.
3. Shankara Building Products: ₹3 Final Dividend Declared
An equally important name on today’s ex-dividend list is Shankara Building Products:
Dividend Declared: ₹3 per share (~112.5% of ₹10 face value); final dividend for FY 2024–25 (moneycontrol.com)
Dividend Yield: Around 0.34%–0.53%, based on current market prices (₹866–₹910)
Investor Takeaway: This payout rounds off a consistent dividend history, with yields that may appeal to growth‑plus‑income investors rather than pure dividend seekers.
4. Ex-Date Trading Strategy: Best Practices
Buy by June 16 close: To be eligible for dividends.
Selling timing: You may sell on or after the ex-dividend date and still receive payouts. Price typically drops by the dividend amount on ex-date. (reddit.com)
Watch for price adjust: Market factors and tax implications may affect net gains even if you receive the dividend.
5. Investor Impact & Taxation
Dividend amounts: ₹10 (HZL) and ₹3 (Shankara) per share. Good for small investors but traders should weigh short‑term price dips too.
Tax angle: Domestic investors may be subject to TDS on dividends above ₹5,000.
Institutional View: These payouts reflect well-capitalized firms with solid earnings and distribution policies.
6. Sector and Stock-Specific Outlook
Hindustan Zinc: A heavyweight in zinc, lead, silver mining—its dividend strategy builds investor trust. A ₹10 interim adds to ₹19 interim already declared in Aug 2024—total ₹29 in FY 2024–25. (reddit.com)
Shankara Building Products: Leading distributor of building supplies across India with growing earnings and dividend consistency—though yields are modest, stability adds value.
7. Comparative Analysis: Which Ex-Dividend Stock is Better for You?
Indicator
Hindustan Zinc (HZL)
Shankara Building Products
Dividend Yield
~3.5%
~0.5%
Dividend Policy
Regular interim payouts
Annual final dividends
Financial Strength
Strong cash flows
Niche sector resilience
Price Movement Post Ex
Likely drop ≈ ₹10
Likely drop ≈ ₹3
Investor Tip:
Income-focused investors may prefer HZL for its compelling yield.
Growth/income investors with a play in building materials might lean toward Shankara for diversification.
8. What Next for Shareholders? Key Dates
June 16, 2025: Last day to buy shares for ex‑dividend eligibility.
June 17, 2025: Shares trade ex-dividend—eligible investors remain holders.
Price reaction: The ex-date drop is expected, but market sentiment, metal prices (for HZL), and sector news may exacerbate volatility.
Tax impact: Assess net returns after TDS; check eligibility for exemptions/filing.
Market dynamics: Both stocks’ post-dividend movement may offer trader opportunities or dips.
10. Final Word: Smart Investors Play the Dividend Cycle
Hindustan Zinc: Offers strong income and reliable payouts—ideal for dividend chasers in the mining sector.
Shankara Building Products: Adds modest income in infrastructure materials—suits investors seeking stability with growth.
Here are clear, structured tables to visually represent the key data from your content on Hindustan Zinc and Shankara Building Products ex-dividend announcements and payouts:
Dividend Summary – June 17, 2025 (Ex-Dividend Stocks)
Company
Dividend Type
Dividend Amount
Face Value
Dividend Yield (%)
Record Date
Ex-Dividend Date
Payout Status
Hindustan Zinc Ltd.
Interim
₹10 per share
₹2
~3.54%
June 17, 2025
June 17, 2025
Within legal timeline
Shankara Building Products
Final
₹3 per share
₹10
~0.35% – 0.5%
June 17, 2025
June 17, 2025
After AGM on June 24
Comparison – Hindustan Zinc vs. Shankara Building Products
Criteria
Hindustan Zinc Ltd.
Shankara Building Products
Sector
Mining (Zinc, Lead, Silver)
Building Materials & Infra Supply
Dividend Type
Interim (multiple/year)
Final (once a year)
Dividend Amount (Latest)
₹10
₹3
Face Value
₹2
₹10
Dividend Yield
~3.54%
~0.35% – 0.5%
Dividend Consistency
High (multiple years)
Moderate (steady, yearly)
Stock Volatility on Ex-Date
Expected ~₹10 drop
Expected ~₹3 drop
Target Investor Type
Income-focused, dividend seekers
Growth+income, long-term holders
Key Dates & Timelines
Event
Hindustan Zinc Ltd.
Shankara Building Products
Board Approval Date
June 11, 2025
May 16, 2025
Record/Ex-Dividend Date
June 17, 2025
June 17, 2025
Last Buy Date for Eligibility
June 16, 2025
June 16, 2025
Expected Dividend Payout
Within legal period
Post AGM on June 24, 2025
Dividend Trading Strategy Checklist
Step
Action
1. Review Ex-Dividend Date
Ensure it matches with record date
2. Buy Before Record Date
Purchase shares by market close one day before record date
3. Hold Through Ex-Date
Do not sell until after ex-dividend to remain eligible
4. Monitor Post-Payout Prices
Expect drop close to dividend value; reassess holding or exit
