• Home
  • Business News
  • HDFC Bank shares trade ex-dividend for Rs 22 per share, stock down over 1%
Image

HDFC Bank shares trade ex-dividend for Rs 22 per share, stock down over 1%


WhatsApp Group Join Now
Telegram Group Join Now
Instagram Group Join Now
The shares of India’s largest private bank, HDFC Bank, have started trading on an ex-dividend basis today for their earlier announced dividend of Rs 22 per share. This was followed by a decline of 1.5% in the stock to its day’s low of Rs 1,993.05 on the BSE.

The bank had announced June 27 as the record date for determining the shareholder eligibility earlier in the month of April.

“The Board also recommended a dividend of Rs. 22 per equity share of Re. 1/- each fully paid up (i.e. 2200 %) for the FY 2024-25, subject to the approval of the shareholders. The record date for determining the eligibility of members entitled to receive the said dividend is Friday, June 27, 2025,” HDFC Bank had informed the stock exchanges via a previous regulatory filing.

HDFC Bank dividend history

In the past 12 months, HDFC Bank has declared an equity dividend amounting to Rs 22 per share and at a share price of Rs 2002.30, HDFC Bank’s dividend yield is 1.10%, according to the Trendlyne data.


HDFC Bank Q4 resultsHDFC Bank announced its fourth-quarter results for FY25, reporting a profit after tax of Rs 17,616 crore, marking a 6.7% year-on-year (YoY) increase, while its net interest income (NII) rose by 10.3% YoY to Rs 32,070 crore.The bank reported a net interest margin (NIM) of 3.54% on total assets and 3.73% on interest-earning assets for the quarter. However, excluding the Rs 700 crore interest from an income tax refund, the core NIM stood at 3.46% on total assets and 3.65% on interest-earning assets.

HDFC Bank share price performance

Over the past one year, the shares of HDFC Bank have gained 18.22%. On a year-to-date (YTD) basis, it has risen by 12.52%, while the six-month return stands at 11.56%. In the last three months, the stock has delivered a 9.88% gain, and over the past one month, it has increased by 4.10%.

Also read: Rs 1 lakh crore selloff tsunami threatens Nifty rally as promoters, strategic investors exit

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



Source link

Releated Posts

Indices: Stock market update: Nifty Pharma index advances 0.55%

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now NEW DELHI: The Nifty Pharma index…

ByByAjay jiJun 27, 2025

Expect positive trend as benefits of rate cuts & consumption boost trickle down: Anand Radhakrishnan

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Anand Radhakrishnan, MD, Sundaram Mutual Fund,…

ByByAjay jiJun 27, 2025

IT’s best days may be over; time to back new-age tech: Sandip Agarwal

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Sandip Agarwal of Sowilo Investment Managers…

ByByAjay jiJun 27, 2025

ICICI Bank to acquire 2% more stake in ICICI Prudential AMC

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Private sector lender ICICI Bank on…

ByByAjay jiJun 27, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top