Summary
Dividend Stocks Hindustan Zinc and Shankara Building Products are set to trade ex-dividend on June 17, 2025, marking an important date for income-focused investors. This means that shareholders who own these stocks before the ex-dividend date will be eligible to receive the upcoming payouts. Both companies have announced attractive dividends, reflecting strong financial performance and consistent shareholder returns, making them noteworthy picks for dividend-seeking portfolios.
1. 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.
- 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.
2. Hindustan Zinc Ltd. (HZL): ₹10 Interim Dividend Boosts Yield
| Feature | Details |
|---|---|
| Dividend Announced | ₹10 per share (500% of ₹2 face value) |
| 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
- Record & Ex‑Date: June 17, 2025
- 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.
- 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.
- 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?
| Dividend Stocks 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 |
Dividend Stocks 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.
- Post-June 17: Logout dividend payout follows record date; HZL will pay within stipulated timelines; Shankara payout expected ~July 24, 2025.
9. Risks and Considerations
- 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. Dividend Stocks 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 Stocks Summary – June 17, 2025 (Ex-Dividend Stocks)
| 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 |
Dividend Stocks Comparison – Hindustan Zinc vs. Shankara Building Products
| Dividend Stocks 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 |
Dividend Stocks: Key Dates & Timelines
| Dividend Stocks 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 Stocks Trading Strategy Checklist
| Dividend Stocks Step | Action |
|---|---|
| 1. Review Ex-Dividend Date | Do not sell until after the ex-dividend date to remain eligible |
| 2. Buy Before Record Date | Expect a drop close to the dividend value; reassess holding or exit |
| 3. Hold Through Ex-Date | Expect drop close to the dividend value; reassess holding or exit |
| 4. Monitor Post-Payout Prices | Expect a drop close to the dividend value; reassess holding or exit |
| 5. Consider Tax Implications | Purchase shares by market close one day before the record date |
Note: All information and images used in this content are sourced from Google. They are used here for informational and illustrative purposes only.
FAQs – Dividend Stocks June 17, 2025
Q1. What is the ex-dividend date for Hindustan Zinc and Shankara Building Products?
A1. Both companies traded ex-dividend on June 17, 2025.
Q2. How much dividend is Hindustan Zinc paying in June 2025?
A2. Hindustan Zinc declared an interim dividend of ₹10 per share.
Q3. What dividend did Shankara Building Products announce?
A3. Shankara announced a final dividend of ₹3 per share for FY 2024–25.
Q4. When should I buy shares to get dividends?
A4. You needed to buy by June 16, 2025, as India follows the T+1 settlement system.
Q5. Which stock offers higher dividend yield?
A5. Hindustan Zinc offers ~3.5% yield versus Shankara’s ~0.5%, making HZL better for income seekers.
Q6. When will the dividends be paid?
A6. Hindustan Zinc will pay within legal timelines; Shankara’s payout is expected post its AGM on June 24, 2025.
Q7. Are dividends taxable for shareholders?
A7. Yes, dividends above ₹5,000 attract TDS deductions under Indian tax laws.
Q8. Which investors should consider Shankara Building Products?
A8. Investors seeking growth plus income and diversification in the building materials sector may consider it.