Saturday, April 19, 2025

Creating liberating content

NEW DELHI: Lucknow Super Giants edged Rajasthan Royals by just

Vaibhav Suryavanshi of Rajasthan Royals plays a shot during the

Related News

NEW DELHI: Lucknow Super Giants edged Rajasthan Royals by just two runs in a dramatic IPL 2025 clash at the Sawai Mansingh Stadium, thanks to a nerveless final over from

Rajasthan Royals (PTI Photo) NEW DELHI: Ever since the retentions were announced, Rajasthan Royals (RR) became a hot topic of discussion — but for all the wrong reasons. Almost everyone

Vaibhav Suryavanshi of Rajasthan Royals plays a shot during the 2025 IPL match between Rajasthan Royals and Lucknow Super Giants at Sawai Mansingh Stadium. (Getty Images) Fourteen-year-old Vaibhav Suryavanshi of

Vaibhav Suryavanshi (BCCI Photo) NEW DELHI: In a moment that captured hearts across the cricketing world, 14-year-old Vaibhav Suryavanshi’s dream IPL debut ended in tears — literally.The Rajasthan Royals’ prodigy,

Image credits: Getty Images If there’s one reel or video on social media that is bound to make you stop scrolling and actually see what’s happening is one where a

The interest rate cuts by the RBI and falling inflation have boosted returns of debt mutual funds. Find out which category of debt fund should you buy nowDebt funds are

Trending News

The interest rate cuts by the RBI and falling inflation have boosted returns of debt mutual funds. Find out which category of debt fund should you buy nowDebt funds are

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

HDFC and ICICI Bank to announce Q4 results today HDFC Bank and ICICI Bank, two of India’s largest private sector lenders, are set to announce their financial results for the

Representative image (Picture credit: ANI) India’s central bank saw a sharp jump in the value of its gold reserves during the week ending April 11, driven by a global rally

BENGALURU: Infosys terminated 240 trainees at its Mysuru campusafter they failed to clear an internal assessment. This decision came after the trainees were given three attempts to qualify. The company

NEW DELHI: Govt on Friday clarified that it is not considering to levy GST on UPI transactions above Rs 2,000. Clarifying on reports, which said govt is considering levying GST

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

Word Count: 633 | Estimated Reading Time: 4 minutes


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

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.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account