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rewrite this title and make it good for SEOHDFC Bank declares Rs 22 dividend for FY25, fixes June 27 as record date

Nishtha Awasthi by Nishtha Awasthi
April 19, 2025
in Business Finance
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rewrite this title and make it good for SEOHDFC Bank declares Rs 22 dividend for FY25, fixes June 27 as record date
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HDFC Bank, while declaring its results for the fourth quarter of the financial year 2025, also announced a dividend of Rs 22 per share for its eligible shareholders, for which it has fixed June 27 as the record date.

“The Board also recommended a dividend of Rs. 22 per equity share of Re. 1/- each fully paid up (i.e. 2200 %) for the FY 2024-25, subject to the approval of the shareholders. The record date for determining the eligibility of members entitled to receive the said dividend is Friday, June 27, 2025,” HDFC Bank’s filing to the stock exchanges read.

The record date for a dividend is the cut-off date set by a company to determine which shareholders are eligible to receive the declared dividend. Only shareholders who are listed on the company’s register of members as of the record date will receive the dividend.

If you buy the shares on or after the ex-dividend date (which is usually one or two business days before the record date), you will not be eligible for the dividend. This is because stock trades in India (and many other markets) follow a T+1 settlement cycle — meaning the buyer becomes the shareholder one business day after the transaction.

HDFC Bank dividend history

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According to Trendlyne data, In the past 12 months, HDFC Bank has declared an equity dividend amounting to Rs 19.50 per share and at a share price of Rs 1906.70, the bank’s dividend yield is 1.02%.Also read: Rich Dad Poor Dad author Robert Kiyosaki Prediction: $1M Bitcoin, $30K gold, $3K silver by 2035

HDFC Bank Q4 results

HDFC Bank, on Saturday, announced its financial results for the fourth quarter of FY25, reporting a 6.7% year-on-year (YoY) increase in net profit to Rs 17,616 crore, while net interest income (NII) rose 10.3% YoY to Rs 32,070 crore.HDFC Bank’s net interest margin (NIM) for the quarter stood at 3.54% on total assets and 3.73% on interest-earning assets. Adjusting for the Rs 700 crore interest on income tax refund, the core NIM was 3.46% on total assets and 3.65% on interest-earning assets.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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