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%
Forward Annual Dividend Yield
0.81%
Dividend Date
Dividend Date
N/A
Ex-dividend Date
May 08, 2024
0.58 %
N/A
Dividend History
Stock Split History
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 32.00.
When did HDB last pay a dividend?
HDB last paid dividends on null, with the ex-dividend date being 2024-05-08.
When was the last time HDB stock split?
HDB stock split took place on 26-09-2019.
How did HDB's stock split work?
Its last split took place on Sep 26, 2019, when HDFC Bank Limited went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 HDB share(s).