“The board also recommended a dividend of Rs 22 per share of Re.1/-, 1/-, subject to shareholder approval, which was fully paid (i.e. 2200%) in fiscal year 2024-25.
The date of record for dividends is the cutoff date set by the company to determine which shareholders are eligible to receive the declared dividend. Only shareholders listed on the company’s member register as of the record date will receive dividends.
If you purchase shares on or after the day of the original dividend (usually one to two business days before the record date), you are not eligible for dividends. This is because stock trading in India (and many other markets) follow the T+1 settlement cycle. This means that the buyer will become a shareholder one day after the transaction.
HDFC Bank Dividend History
For the past 12 months, HDFC Bank has declared a stock dividend of Rs 19.50 per share and a stock price of Rs 1,906.70, according to Trendlyne data. The bank’s dividend yield is 1.02%.
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HDFC Bank Q4 Results
HDFC Bank on Saturday released its financial results for the fourth quarter of FY25, reporting that 6.7% (YOY) from the previous year increased to 17,616 crores and net interest income (NII) rose by 10.3% to 32,070 crores.
The quarterly net interest margin (NIM) for HDFC Bank was 3.54% in total assets and 3.73% in interest income assets. Adjusted the interest rate of Rs 700 on income tax refunds, CORE NIM was 3.46% in total assets and 3.65% in interest assets.
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