The record date for a dividend is the cut-off date set by an organization to find out which shareholders are eligible to obtain the declared dividend. Solely shareholders who’re listed on the corporate’s register of members as of the record date will obtain the dividend.(*(*27*)*)In case you purchase the shares on or after the ex-dividend date (which is often one or two enterprise days earlier than the record date), you’ll not be eligible for the dividend. It’s because inventory trades in India (and lots of different markets) comply with a T+1 settlement cycle — which means the customer turns into the shareholder one enterprise day after the transaction.
HDFC Bank dividend historical past
In line with Trendlyne information, Prior to now 12 months, HDFC Bank has declared an fairness dividend amounting to Rs 19.50 per share and at a share worth of Rs 1906.70, the financial institution’s dividend yield is 1.02%.
Additionally learn: Wealthy Dad Poor Dad creator Robert Kiyosaki Prediction: $1M Bitcoin, $30K gold, $3K silver by 2035
HDFC Bank This autumn outcomes
HDFC Bank, on Saturday, introduced its monetary outcomes for the fourth quarter of FY25, reporting a 6.7% year-on-year (YoY) improve in web revenue to Rs 17,616 crore, whereas web curiosity revenue (NII) rose 10.3% YoY to Rs 32,070 crore.
HDFC Bank’s web curiosity margin (NIM) for the quarter stood at 3.54% on whole belongings and three.73% on interest-earning belongings. Adjusting for the Rs 700 crore curiosity on revenue tax refund, the core NIM was 3.46% on whole belongings and three.65% on interest-earning belongings.(*(*27*)*)(Disclaimer: Suggestions, ideas, views and opinions given by the specialists are their very own. These don’t signify the views of The Financial Instances)
Source link
#HDFC #Bank #declares #dividend #FY25 #fixes #June #record #date