HDFC Bank

Dividends on HDFC Bank (HDB) stocks are a part of the profit that shareholders receive from the company. In order to pay dividends to shareholders and investors, the company must receive a net profit, for further distriburing among shareholders or have free cash flow.

Besides, in order to pay you dividends, it is necessary that the Board of Directors recommends dividends and the closing date of the register. Then at the shareholders' meeting the amount of HDFC Bank dividends and the date is approved by shareholders.

For receiving HDFC Bank’s dividends it’s necessary to buy the stocks of the company (HDB) no more than 2 days before the closing of the register on 15.05.2023, since stock exchange trading takes place in the T+2 mode. Thus, the last date when you need to buy stocks to receive HDFC Bank dividends will be 13.05.2023

For dividends you can track the date of the last day for purchasing HDFC Bank stocks (HDB) in Dividend Calendar.

To receive HDFC Bank (HDB) dividends, you must own stocks on the date of preparing the list of persons entitled to receive dividend or the so-called register date.

The register is a list of HDFC Bank shareholders (HDB) with information on the number of stocks owned by the investor. Due to the fact that someone is constantly buying and selling company’s stocks on the stock exchange, it is necessary to fix the date of the register.

The closing date of the register for HDFC Bank (HDB) dividends was set for 15.05.2023.

Due to the T+2 trading mode, for receiving HDFC Bank’s dividends you must buy the stocks within at least two working days before the date, so that the last day to buy HDFC Bank stocks is to be 13.05.2023.

See the event caledar and the dividend calendar, as well as upcoming HDFC Bank events in order not to miss the dividends.

As a rule, investors receive dividends to a brokerage or bank account within the next 25 working days after the record date – 15.05.2023 at latest! Thus, HDFC Bank’s dividends should arrive no later than 0.7sDate.

Remember that after the cut-off date, HDFC Bank’s stocks usually decrease by the amount of the dividend paid per share. When the company is doing well and the market is positive, HDFC Bank’s dividend gap may be less than the dividend.

By the law, HDFC Bank is obliged to pay within the next 25 working days from the date of the 15.05.2023. Thus, the deadline for dividend payment on HDFC Bank stocks can be considered as 0.7sDate, but the company usually pays earlier than 25 working days.

For receiving HDFC Bank’s dividends, it is enough to buy or to own 1 share. If you buy 100 HDFC Bank’s stocks, you will receive dividends in the amount of 70 $ for it. Last time, the board of directors recommended to pay 0.7 $ per share.

According to the last recommendations of HDFC Bank’s board of directors, you will receive 0.7 $ as dividend payment.

The history of HDFC Bank’s dividend payment is reflected in the HDFC Bank’s card in the tab Dividends.

The dividend yield of HDFC Bank’s stocks is the ratio of the dividend amount per share to the current market price, and is expressed as a percentage. Thus, the recommended dividend is 0.7 $, that means that your current dividend yield on HDFC Bank’s stocks is 1.03%.

It is important to remember that a high dividend yield is not a reason to buy HDFC Bank stocks! Therefore, before making an investment decision, we recommend to analyze the dynamics of financial indicators and HDFC Bank’s multipliers. You should also compare rivals, as you may find a much more profitable investment idea.

Lately HDFC Bank has been paying dividends 2 time a year. See the history of HDFC Bank’s dividends in order to check and verify the frequency of dividend payments as HDFC Bank’s dividend policy may change or the company may pay special dividends. The more often a company pays dividends, the more stable the investor's cash flow is.

All information and dividend data for HDFC Bank stocks you may see on a given page above.