HDFC Bank Limited (HDB) Dividend History

NYSE: HDBYield, payment dates, growth and payout ratio.

HDB latest dividend

$0.41last dividend per share
Ex-dividend dateAug 7Friday, 2026
Payment dateAug 17Monday, 2026

The next dividend has not been announced yet.

  • 2021paying since
  • Once a year1 payments a year
  • —5-year growth a year
  • 1.72%forward yield

HDB dividend income calculator

Dividend income a year
$41
Each payment
$41
Value of the shares
$2,384
Dividend yield
1.72%

At the latest close; forward annual dividend $0.41 per share, before tax.

HDB dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

HDB dividend safety

Payout ratio (earnings)57.6%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)12.6%
Well covered · of fiscal 2026 free cash flow
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

HDB yield on cost

HDFC Bank Limited yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$36.741.12%$1.183.2%
3 years ago$28.701.43%$3.5712.5%
5 years ago$38.151.07%$6.0515.9%
10 years ago$18.212.25%$6.8737.8%
20 years ago$3.3812.12%$7.77229.5%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

HDB dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 34 payments).

HDB dividends by year

HDFC Bank Limited dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$1.10—3.01%3
2024$1.29+0.2%4.05%2
2023$1.29+8.6%3.85%2
2022$1.19+244.0%3.47%2
2021$0.35—1.06%2

HDB dividend history

34 payments
HDFC Bank Limited dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-072026-08-17$0.4086−2.4%Once a year
2026-06-182026-08-17$0.4188+18.6%Once a year
2026-06-17—$0.3531−6.0%
2025-08-112025-08-20$0.3756+476.5%Once a year
2025-07-312025-08-20$0.0652−90.1%
2025-06-262025-08-20$0.66+11.4%
2024-08-122024-08-21$0.5924−15.5%Once a year
2024-05-08—$0.7008+0.6%
2023-08-142023-08-23$0.6968+17.4%Once a year
2023-05-122023-11-07$0.5935+2.2%Once a year
2022-07-192022-07-27$0.5805−4.5%Once a year
2022-05-112022-07-27$0.608+364.1%
2021-07-202021-08-19$0.131−38.9%Once a year
2021-06-28—$0.2145+307.4%
2019-07-312019-08-23$0.0526−67.7%
2019-06-192019-07-25$0.163+19.3%Once a year
Show all 34 payments
Ex-dividend datePayment dateAmountChangeFrequency
2018-06-012018-07-11$0.1366+10.6%Once a year
2017-06-272017-08-03$0.1235+22.5%Once a year
2016-06-272016-08-03$0.1008+13.6%Once a year
2015-06-302015-07-31$0.0887+10.5%Once a year
2014-06-262014-07-08$0.0803−75.6%Once a year
2014-06-03—$0.3296+414.4%
2013-06-112013-07-10$0.0641+19.9%Once a year
2012-06-262012-07-27$0.0534−2.3%Once a year
2011-05-312011-07-19$0.0547+46.5%Once a year
2010-06-092010-07-16$0.0373+24.6%Once a year
2009-06-222009-08-04$0.03+5.0%Semiannual
2008-04-252008-07-15$0.0285+14.7%Once a year
2007-05-162007-08-03$0.0249+38.6%Once a year
2006-05-102006-06-26$0.018+16.0%Once a year
2005-05-252005-07-13$0.0155+32.6%Once a year
2004-05-042004-06-17$0.0117+21.6%Once a year
2003-04-292003-06-18$0.0096+40.4%Once a year
2002-05-072002-06-11$0.0068—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

HDB stock split history

  • 2:1September 8, 2025
  • 2:1September 26, 2019
  • 5:1July 25, 2011

HDB dividend overview

HDFC Bank pays an annual dividend of $0.41 per share, a yield of 1.72% at the latest close, paid once a year. It paid $1.10 per share in 2025. The payout ratio is 57.6% of trailing earnings.

Related: HDB cash flow statement, HDB key metrics, HDB chart. See the HDB stock overview for the latest quote and news.

HDB dividends FAQ

Does HDFC Bank pay a dividend?

Yes. HDFC Bank has paid a regular dividend since 2021, once a year, most recently $0.41 per share with an ex-dividend date of August 7, 2026. It also paid dividends from 2002 to 2019.

What is HDFC Bank's dividend yield?

HDFC Bank's forward annual dividend is $0.41 per share, a dividend yield of 1.72% at the latest close of $23.84.

How often does HDFC Bank pay dividends?

HDFC Bank pays dividends once a year.

What is HDFC Bank's dividend payout ratio?

HDFC Bank pays out 57.6% of its trailing earnings as dividends and 12.6% of its free cash flow (fiscal 2026).

Has HDFC Bank split its stock?

HDFC Bank has split its stock 3 times: 2:1 on September 8, 2025, 2:1 on September 26, 2019, 5:1 on July 25, 2011. Dividends per share on this page are adjusted for splits.

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