STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$19.50
Forward Annual Dividend Rate
$1.40
Yield
Trailing Annual Dividend Yield
32.34%
Forward Annual Dividend Yield
4.32%
Dividend Date
Dividend Date
Aug 21, 2024
Ex-dividend Date
Aug 12, 2024
0.58 %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Apr 23, 2024 | 0.696 | Aug 12, 2024 | May 09, 2024 | Aug 21, 2024 |
| Apr 17, 2023 | 0.684 | Aug 14, 2023 | May 15, 2023 | Aug 23, 2023 |
| Apr 25, 2022 | 0.58 | Jul 19, 2022 | May 12, 2022 | Jul 27, 2022 |
| Jun 18, 2021 | 0.262 | Jul 20, 2021 | Jun 29, 2021 | Aug 19, 2021 |
| Jul 21, 2019 | 0.105 | Jul 31, 2019 | Aug 01, 2019 | Aug 23, 2019 |
| Jun 12, 2019 | 0.323 | Jun 19, 2019 | Jun 20, 2019 | Jan 01, 1970 |
| May 22, 2018 | 0.277 | Jun 01, 2018 | Jun 04, 2018 | Jan 01, 1970 |
| Jun 07, 2017 | 0.256 | Jun 27, 2017 | Jun 29, 2017 | Jan 01, 1970 |
| May 20, 2016 | 0.212 | Jun 27, 2016 | Jun 29, 2016 | Aug 03, 2016 |
| Jun 09, 2015 | 0.187 | Jun 30, 2015 | Jul 02, 2015 | Jul 31, 2015 |
| Jun 24, 2014 | 0.161 | Jun 26, 2014 | Jun 05, 2014 | Jul 08, 2014 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Sep 08, 2025 | 2:1 | -0.62% | -0.34% |
| Sep 26, 2019 | 2:1 | +0.03% | -2.48% |
| Jul 25, 2011 | 5:1 | +1.34% | +0.11% |
Frequently Asked Questions
Is HDFC Bank Limited (HDB) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. HDFC Bank Limited is also among the companies that regularly pay dividends.
What is HDB's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. HDB's annual dividend yield for the trailing 12 months is 32.34.
When did HDB last pay a dividend?
HDB last paid dividends on 2024-08-21, with the ex-dividend date being 2024-08-12.
When was the last time HDB stock split?
HDB stock split took place on 08-09-2025.
How did HDB's stock split work?
Its last split took place on Sep 8, 2025, when HDFC Bank Limited went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 HDB share(s).