HDFC Bank Dividend

Dividend criteria checks 5/6

HDFC Bank is a dividend paying company with a current yield of 1.28% that is well covered by earnings.

Key information

1.3%

Dividend yield

22%

Payout ratio

Industry average yield1.1%
Next dividend pay daten/a
Ex dividend date10 May 24
Dividend per sharen/a
Earnings per share₹84.27
Dividend yield forecast in 3Y1.9%

Recent dividend updates

HDFC Bank (NSE:HDFCBANK) Is Increasing Its Dividend To ₹19.00

May 10
HDFC Bank (NSE:HDFCBANK) Is Increasing Its Dividend To ₹19.00

HDFC Bank's (NSE:HDFCBANK) Upcoming Dividend Will Be Larger Than Last Year's

Apr 20
HDFC Bank's (NSE:HDFCBANK) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

HDFC Bank (NSE:HDFCBANK) Is Increasing Its Dividend To ₹19.00

May 10
HDFC Bank (NSE:HDFCBANK) Is Increasing Its Dividend To ₹19.00

HDFC Bank's (NSE:HDFCBANK) Upcoming Dividend Will Be Larger Than Last Year's

Apr 20
HDFC Bank's (NSE:HDFCBANK) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why HDFC Bank (NSE:HDFCBANK) Has Caught The Eye Of Investors

Mar 16
Here's Why HDFC Bank (NSE:HDFCBANK) Has Caught The Eye Of Investors

HDFC Bank (NSE:HDFCBANK) Ticks All The Boxes When It Comes To Earnings Growth

Sep 29
HDFC Bank (NSE:HDFCBANK) Ticks All The Boxes When It Comes To Earnings Growth

Do HDFC Bank's (NSE:HDFCBANK) Earnings Warrant Your Attention?

Jun 08
Do HDFC Bank's (NSE:HDFCBANK) Earnings Warrant Your Attention?

Here's Why We Think HDFC Bank (NSE:HDFCBANK) Is Well Worth Watching

Feb 13
Here's Why We Think HDFC Bank (NSE:HDFCBANK) Is Well Worth Watching

With EPS Growth And More, HDFC Bank (NSE:HDFCBANK) Is Interesting

Nov 01
With EPS Growth And More, HDFC Bank (NSE:HDFCBANK) Is Interesting

With EPS Growth And More, HDFC Bank (NSE:HDFCBANK) Is Interesting

Jul 16
With EPS Growth And More, HDFC Bank (NSE:HDFCBANK) Is Interesting

Upcoming Dividend Payment

TodayMay 04 2024Ex Dividend DateMay 10 20240Buy in the next 6 days to receive the upcoming dividend0

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: HDFCBANK's dividend payments have been volatile in the past 10 years.

Growing Dividend: HDFCBANK's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

HDFC Bank Dividend Yield vs Market
How does HDFCBANK dividend yield compare to the market?
SegmentDividend Yield
Company (HDFCBANK)1.3%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.2%
Industry Average (Banks)1.1%
Analyst forecast in 3 Years (HDFCBANK)1.9%

Notable Dividend: HDFCBANK's dividend (1.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).

High Dividend: HDFCBANK's dividend (1.28%) is in the top 25% of dividend payers in the Indian market (1.18%)


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.6%), HDFCBANK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HDFCBANK's dividends in 3 years are forecast to be well covered by earnings (23.2% payout ratio).


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