Dividend Stocks Today: Hindustan Zinc & Shankara Building Products Go Ex‑Dividend on June 17, 2025

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)

2. Hindustan Zinc Ltd. (HZL): ₹10 Interim Dividend Boosts Yield

FeatureDetails
Dividend Announced₹10 per share (500% of ₹2 face value) (angelone.in)
Record & Ex-DateJune 17, 2025
Eligible ShareholdersOn‑market purchase by June 16 close
Dividend YieldApprox. 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)
  • Record & Ex‑Date: June 17, 2025 (in.marketscreener.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?

IndicatorHindustan Zinc (HZL)Shankara Building Products
Dividend Yield~3.5%~0.5%
Dividend PolicyRegular interim payoutsAnnual final dividends
Financial StrengthStrong cash flowsNiche sector resilience
Price Movement Post ExLikely drop ≈ ₹10Likely 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


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. 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)

CompanyDividend TypeDividend AmountFace ValueDividend Yield (%)Record DateEx-Dividend DatePayout Status
Hindustan Zinc Ltd.Interim₹10 per share₹2~3.54%June 17, 2025June 17, 2025Within legal timeline
Shankara Building ProductsFinal₹3 per share₹10~0.35% – 0.5%June 17, 2025June 17, 2025After AGM on June 24

Comparison – Hindustan Zinc vs. Shankara Building Products

CriteriaHindustan Zinc Ltd.Shankara Building Products
SectorMining (Zinc, Lead, Silver)Building Materials & Infra Supply
Dividend TypeInterim (multiple/year)Final (once a year)
Dividend Amount (Latest)₹10₹3
Face Value₹2₹10
Dividend Yield~3.54%~0.35% – 0.5%
Dividend ConsistencyHigh (multiple years)Moderate (steady, yearly)
Stock Volatility on Ex-DateExpected ~₹10 dropExpected ~₹3 drop
Target Investor TypeIncome-focused, dividend seekersGrowth+income, long-term holders

Key Dates & Timelines

EventHindustan Zinc Ltd.Shankara Building Products
Board Approval DateJune 11, 2025May 16, 2025
Record/Ex-Dividend DateJune 17, 2025June 17, 2025
Last Buy Date for EligibilityJune 16, 2025June 16, 2025
Expected Dividend PayoutWithin legal periodPost AGM on June 24, 2025

Dividend Trading Strategy Checklist

StepAction
1. Review Ex-Dividend DateEnsure it matches with record date
2. Buy Before Record DatePurchase shares by market close one day before record date
3. Hold Through Ex-DateDo not sell until after ex-dividend to remain eligible
4. Monitor Post-Payout PricesExpect drop close to dividend value; reassess holding or exit
5. Consider Tax ImplicationsTDS may apply if dividend exceeds ₹5,000 annually

Read More: economictimes.indiatimes.com

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