Synopsis : HDFC Bank has declared a ?22 per share final dividend for FY25, with June 27 as the record date. Investors must buy shares by June 26 to be eligible under T+1 norms.
HDFC Bank is rewarding shareholders with a final dividend of ?22 per share for the financial year 2024–25, marking yet another milestone in India’s robust dividend season. The bank has officially set June 27 as the record date to determine eligible shareholders, which means only those who purchase HDFC Bank shares on or before June 26 will qualify for the payout. This urgency stems from the T+1 trade settlement cycle, which mandates that ownership of shares be settled the day after purchase.
The dividend payout, however, is still subject to shareholder approval during the bank’s upcoming 31st Annual General Meeting, which will be conducted online on August 8 at 2 PM. Participation details for the virtual AGM will be made available on the bank’s official website.
From a compliance perspective, dividend earnings will attract Tax Deducted at Source (TDS) as per prevailing laws. Shareholders seeking lower TDS or exemption must act swiftly and submit the required documents by July 2 through the digital portal of HDFC Bank’s registrar, Datamatics Business Solutions. Shareholders who hold shares in physical form must also update their KYC, email, and bank account details using Form ISR-1, while those with demat holdings should connect with their respective Depository Participants to ensure all information is current.
Financially, HDFC Bank continues to display solid performance, having posted a consolidated profit after tax of ?188.3 billion for the quarter ended March 31, and an impressive annual profit of ?707.9 billion. Its earnings per share stood at ?92.8 and book value per share at ?681.9, reflecting strength in fundamentals and profitability.
In terms of market performance, HDFC Bank shares have surged 12% so far in 2025 and are up 17% over the past year. The stock touched a fresh 52-week high of ?1,999.90, reinforcing investor confidence in the bank’s long-term value and consistent returns, both through capital appreciation and dividend payouts.
Disclaimer : This article is for informational purposes only and should not be considered financial advice. Investors are advised to consult with a certified financial advisor before making any investment decisions.
