HDFC Bank Dividend 2024 Announcement: Board Fixes Date! Check HDFC Bank History, Yield and Share Price Target (2024)

FAQs

What is the record date for HDFC Bank dividend 2024? ›

HDFC Bank AGM is scheduled to be held on 09/08/2024. If the dividend is approved, it will be paid within 12/8/2024. If you held the shares on 10/5/2024 ( record date), you are eligible for the dividend.

Brokerage Systematix has a price target of Rs 1885 on the HDFC Bank stock.

“Dividend, if approved by the shareholders of the Bank, shall be paid after the AGM to those shareholders, whose names appear in the Bank's Register of Members/ Register of Beneficial Owners maintained by the Depositories viz., National Securities Depository Limited and Central Depository Services (India) Limited as at ...

The analyst also said that HDFC Bank is ready to scale back to its previous highs of ₹1,757.50. "The stock might also breach its level of 1,750 and move towards ₹1,850.

HDFC Bank Ltd. has not announced any bonus since Jan 1, 2000. Is HDFC Bank Ltd. worth buying? HDFC Bank Ltd.

For example, the company ABC announced dividends on April 20th, 2022; its record date is May 5th, 2022. So, April 20th 2022, will be considered a declaration date, and May 3rd 2022, will be considered an ex-dividend date or ex-date. You should buy the particular stock on or before this date.

Procedure of claiming dividend and shares of HDFC Bank Ltd from IEPF authority. Access the IEPF-5 form on the MCA portal from the IEPF website. Claimants are advised to follow the instructions carefully from the instruction kit given on the IEPF website. After completing the form, submit it.

Is HDFC Bank a good buy? ›

There are 20 analysts who have given it a strong buy rating & 17 analysts have given it a buy rating.

At a price to book value of 2.8, HDFC Bank is fairly valued with an ROA of 1.7. It is currently trading at a discount compared to its historical valuations, making it an attractive investment opportunity.

HDFC Bank Ltd Dividend related ratios:

Last dividend date: 20/04/2024. Current Dividend Yield: 1.17% Annual dividend payment: ₹19.50.

About HDFC Dividend Yield Fund

HDFC Dividend Yield Fund Direct - Growth has ₹5,145 Crores worth of assets under management (AUM) as on 31/03/2024 and is medium-sized fund of its category. The fund has an expense ratio of 0.58%, which is less than what most other Thematic-dividend Yield funds charge.

Record date, also known as the cut-off date, is the specific day on which a company finalises the list of shareholders eligible for its forthcoming dividend distribution. An organisation whose stocks are actively traded in the stock market expects to see a constant flux in the list of shareholders.

The date of record is the day on which the company checks its records to identify shareholders of the company. An investor must be listed on that date to be eligible for a dividend payout. The date of payment is the day the company mails out the dividend to all holders of record.

In the quarter ending March 2024, State Bank of India has declared dividend of ₹13.70 - translating a dividend yield of 3%.

Infosys has fixed 31 May 2024 as record date for final dividend of Rs 20 per equity share for FY 2024 and additionally a special dividend of Rs 8 per equity share. The dividend will be paid on 01 July 2024.