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HDFC Bank announces Rs 22 dividend for FY25; record date set for June 27

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HDFC Bank has announced a final dividend of Rs 22 per equity share for the financial year 2024-25. This translates to a 2,200% pay-out on the face value of Re 1 per share and is subject to approval by shareholders. The bank has fixed June 27, 2025, as the record date to determine shareholders eligible to receive the dividend.

“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’s filing to the stock exchanges read.

Under the T+1 settlement cycle followed in Indian stock markets, investors must purchase HDFC Bank shares before the ex-dividend date, which is likely to fall on June 26, 2025, in order to be eligible for the dividend.

In addition to the dividend announcement, HDFC Bank also reported its Q4 FY25 financial results. The bank’s net profit rose 6.7% year-on-year to Rs 17,616 crore, while net interest income (NII) increased by 10.3% to Rs 32,070 crore. The net interest margin (NIM) stood at 3.54% on total assets and 3.73% on interest-earning assets. Excluding a one-time Rs 700 crore tax refund, the core NIM was 3.46% and 3.65%, respectively.

As of market close on April 17, 2025, HDFC Bank shares were trading at Rs 1,906.70, up 1.53% for the day. The bank’s dividend yield is currently 1.02%, based on the last 12-month dividend pay-out of Rs 19.50 per share. Over the past year, the stock has fluctuated between a 52-week low of Rs 1,426 and a high of Rs 1,919.

HDFC Bank remains one of India’s top-listed companies, with a market capitalization of Rs 14.59 lakh crore. The stock trades at a PE ratio of 20.97, with an EPS of Rs 90.93 and a PB ratio of 3.08. The beta stands at 1.09, indicating moderate market volatility.
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