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HDFC Bank Ltd

₹1,531.30

HDFC Bank Ltd Dividend 2024 : Should HDFC Bank Ltd be a part of your dividend portfolio?

HDFC Bank Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹11,35,434.27Cr. Its share price is ₹1,531.30 as on 19 April,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, HDFC Bank Ltd gave ₹34.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Financial Services stocks do not always pay a dividend but as HDFC Bank Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, HDFC Bank Ltd has declared dividend of ₹19 - translating a dividend yield of 2.25%.

Let's look at HDFC Bank Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • HDFC Bank Ltd’s revenue were ₹1,15,015.51Cr in the quarter ending December 2023. The revenue grew by 112.51% year on year basis since last quarter.
  • HDFC Bank Ltd’s profits were ₹17,257.87Cr in the quarter ending December 2023. The profits grew by 35.91% year on year basis since last quarter.
  • HDFC Bank Ltd’s dividend was ₹19 in the quarter ending March 2023.

HDFC Bank Ltd Dividend related ratios:

  • Last dividend date: 15/04/2023
  • Current Dividend Yield: 2.25%
  • Annual dividend payment: ₹34.50

HDFC Bank Ltd Dividend v/s HDFC Bank Ltd Share price

History of HDFC Bank Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
16/05/2023
CASH
₹19
15/04/2023
16/05/2023
12/05/2022
CASH
₹15.50
23/04/2022
13/05/2022
29/06/2021
CASH
₹6.50
18/06/2021
30/06/2021
01/08/2019
CASH
₹5
20/07/2019
02/08/2019
20/06/2019
CASH
₹15
20/04/2019
21/06/2019
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FAQs

HDFC Bank Ltd current market price is ₹1,531.30 per share

HDFC Bank Ltd has declared dividend worth ₹19 in the latest quarter.

HDFC Bank Ltd has declared dividend on 15/04/2023 of ₹19.

HDFC Bank Ltd has declared dividend 1 times of ₹19 in the previous financial year (FY2023-2024)