NEW DELHI: HDFC Bank, India’s largest private sector lender, announced on Wednesday that its Board will consider issuing bonus shares and declaring a special interim dividend for FY26 during its upcoming meeting on July 19.Originally scheduled to review the bank’s unaudited financial results for the quarter ended June 30, the board meeting will now also take up the proposal for a bonus issue, the first in the bank’s history, according to Trendlyne data. Alongside the bonus proposal, the Board will also consider a special interim dividend on HDFC Bank’s equity shares for the financial year 2025–26, ET reported.The bonus share issuance, if approved, will require shareholders’ consent as mandated by regulations. This decision would represent a notable development for the bank, indicating the management’s positive outlook on its financial health and future prospects.This announcement coincides with HDFC Bank’s robust share performance. The bank has confirmed that its trading window remains closed for designated employees and their immediate relatives until July 21, 2025, in line with its share dealing code.Strong Q1 business momentumHDFC Bank posted robust growth in the first quarter of FY26. Its loan book grew by 6.7% quarter-on-quarter to Rs 26.53 lakh crore, while deposits rose 16% year-on-year to Rs 27.64 lakh crore, reflecting strong business momentum, according to ET.HDFC bank share performance and dividend historyHDFC Bank shares have delivered solid returns over the past year. The stock is up 23.01% over the last 12 months, with a year-to-date gain of 11.94%. In the last 12 months, the bank declared an equity dividend of Rs 22 per share. At the current price, the dividend yield stands at 1.10%, based on Trendlyne data.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)