HDFC Bank's Major Dividend Announcement

In a significant move, HDFC Bank has declared a final dividend of Rs 22 per equity share for the financial year 2024-25. This impressive payout represents a 2,200% return on the face value of Re 1 per share, pending shareholder approval.

Key Dates and Financial Highlights

The bank has set June 27, 2025, as the record date for determining eligible shareholders. Investors aiming to benefit must own shares before the ex-dividend date, anticipated to be June 26, 2025, under India's T+1 settlement cycle.

Alongside the dividend news, HDFC Bank revealed its Q4 FY25 results, showcasing a 6.7% year-on-year net profit increase to Rs 17,616 crore and a 10.3% rise in net interest income to Rs 32,070 crore.

Market Performance and Valuation

As of April 17, 2025, HDFC Bank shares were valued at Rs 1,906.70, marking a 1.53% daily increase. With a market cap of Rs 14.59 lakh crore, the bank stands as a titan in India's financial sector, boasting a PE ratio of 20.97 and a dividend yield of 1.02%.