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


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What is HDFC Bank Dividend Yield %?

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

The historical rank and industry rank for HDFC Bank's Dividend Yield % or its related term are showing as below:

HDB' s Dividend Yield % Range Over the Past 10 Years
Min: 0.39   Med: 0.58   Max: 1.32
Current: 1.09

During the past 13 years, the highest Dividend Yield of HDFC Bank was 1.32%. The lowest was 0.39%. And the median was 0.58%.

HDB's Dividend Yield % is ranked worse than
93.54% of 1238 companies
in the Banks industry
Industry Median: 3.825 vs HDB: 1.09

HDFC Bank's Dividend Payout Ratio for the six months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of HDFC Bank was 0.31. The lowest was 0.09. And the median was 0.17.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


HDFC Bank Dividend Yield % Historical Data

The historical data trend for HDFC Bank's Dividend Yield % can be seen below:

* 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.

* Premium members only.

HDFC Bank Dividend Yield % Chart

HDFC Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 - 0.43 0.87 1.24

HDFC Bank Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.99 0.87 1.18 1.24

Competitive Comparison of HDFC Bank's Dividend Yield %

For the Banks - Regional subindustry, HDFC Bank's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the Banks Industry

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

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



HDFC Bank 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 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.

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.

* 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) 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 Dividend Yield % Related Terms

Thank you for viewing the detailed overview of HDFC Bank's 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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