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HDB (HDFC Bank) Forward Dividend Yield % : 1.09% (As of Oct. 31, 2024)


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What is HDFC Bank Forward Dividend Yield %?

As of today (2024-10-31), the Forward Annual Dividend Yield of HDFC Bank is 1.09%.

As of today (2024-10-31), the Trailing Annual Dividend Yield of HDFC Bank is 1.09%.

HDB's Forward Dividend Yield % is ranked worse than
93.81% of 1228 companies
in the Banks industry
Industry Median: 3.89 vs HDB: 1.09

HDFC Bank's Dividends per Share for the six months ended in Mar. 2024 was $0.00.

During the past 12 months, HDFC Bank's average Dividends Per Share Growth Rate was 22.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HDFC Bank was 31.80% per year. The lowest was 16.40% per year. And the median was 22.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of HDFC Bank's Forward Dividend Yield %

For the Banks - Regional subindustry, HDFC Bank's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HDFC Bank's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, HDFC Bank's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where HDFC Bank's Forward Dividend Yield % falls into.



HDFC Bank Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

HDFC Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6955642024-05-082024-05-092024-08-21Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

HDFC Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.695564/63.03
=1.10 %

Current Share Price is $63.03.
HDFC Bank's Dividends per Share for the forward twelve months is calculated as $0.695564 * 1 = $0.695564.

HDFC Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.695564/63.03
=1.10 %

Current Share Price is $63.03.
HDFC Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.695564.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HDFC Bank  (NYSE:HDB) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


HDFC Bank Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of HDFC Bank's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


HDFC Bank Business Description

Address
Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400013
HDFC Bank Ltd is an Indian bank. It operates in the following segments; Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.

HDFC Bank Headlines

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