The shares of India’s largest private lender HDFC and HDFC Bank will turn ex-dividend on Tuesday, May 16. The bank recommended giving dividend of Rs 19 per share of Re 1 each fully paid up equity share, out of its net profit for the year ended March 2023.
The dividend will be paid to eligible shareholders of HDFC Bank after the ensuing Annual General Meeting.
The dividend is higher compared to an amount of Rs 15.5/share of Re 1 each for the preceding financial year 2021-22.
HDFC had also declared interim dividend of Rs 44 per equity share of face value Rs 2 per share for the financial year ended on March 2023.
The record date for determining the shareholders entitled to the interim dividend for the fiscal 2023 is set as May 16. The dividend will be paid to shareholders from June 1.
HDFC stock closed at 0.31% higher to previous close at Rs 2,785 crore on Monday.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
