Hindustan Zinc Declares ₹10 Dividend for FY26, But Shares Fall 3%

What happened? Hindustan Zinc, India’s biggest silver producer and part of the Vedanta Group, announced a ₹10 per share interim dividend for FY2025-26 on June 11. This means shareholders will get ₹10 for every share they hold. Record Date: To receive the dividend, you must own the shares before June 17, 2025. Why did the stock fall? Even after the positive dividend news, the stock fell nearly 3% to ₹519.20. This is because it had already risen about 11% in the last 5 days due to rising silver prices — investors likely booked profits after the recent rally. Recent performance: • +17% in 2025 so far • -25% in the past year • Broke a 4-day winning streak today. Future plans: CEO Arun Misra said the company is looking to expand into rare earth mineral mining in India and abroad. However, progress has been slow due to auction-related issues. Hindustan Zinc makes 99.9% pure silver — no wonder it benefits when silver prices rise! Investor Tip: A dividend is a good sign of profitability, but stock prices can still fall due to profit booking or broader market sentiment. Always look at the bigger picture!