HDFC Bank Limited Stock Dividends
HDB pays dividends yearly. Last paid amount was $0.580 at Aug 23, 2023. As of today, dividend yield (TTM) is 1.95%.
Dividend Yield Range
AI Analysis of HDB
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.95% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | -16.79% |
| Payout Ratio | 0 |
| Amount Per Share | $0.580 |
| Next Ex-Dividend Date | May 07, 2024 |
| Next Payment Date | May 07, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from HDB the purchase should be done within the next 5 days.
Here's a simple guide on how to buy HDB stock.
HDB Dividend Payout History
To ensure a understanding of HDB's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | May 08, 2024 | May 08, 2024 | $0.600 | 1.03% |
| 2 | May 07, 2024 | May 07, 2024 | May 07, 2024 | $0.701 | 1.21% |
| 3 | Apr 17, 2023 | Aug 14, 2023 | Aug 23, 2023 | $0.580 | 0.91% |
| 4 | Apr 17, 2023 | May 12, 2023 | Aug 06, 2023 | $0.697 | 1.04% |
| 5 | Apr 25, 2022 | May 11, 2022 | Jul 27, 2022 | $0.608 | 1.01% |
| 6 | Jun 18, 2021 | Jun 28, 2021 | Jun 29, 2021 | $0.263 | 0.356% |
| 7 | Jul 31, 2019 | Jul 31, 2019 | Aug 23, 2019 | $0.109 | 0.205% |
| 8 | Jun 19, 2019 | Jun 19, 2019 | Jul 25, 2019 | $0.323 | 0.555% |
| 9 | Jun 01, 2018 | Jun 01, 2018 | Jun 01, 2018 | $0.287 | 0.542% |
| 10 | Jun 07, 2017 | Jun 27, 2017 | Jun 29, 2017 | $0.257 | 0.596% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
HDB Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from HDB dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in HDB stock here.
Comparing HDB to Sector and Country
HDB pays a solid dividend yield of 1.95%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). HDB’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.
HDB Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| HSBC Holdings plc | 164.532B | $1.55 | 7.54% | - | |
| HDFC Bank Limited | 137.449B | $0.580 | 1.95% | - |
