HDFC Bank Limited (HDB) Dividend History
Income profile from 2002 to 2026 with payout safety and yield-on-cost trend
HDB Dividend Income Check
Safety
23.5% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 3.2% and trend is unknown.
HDB Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
HDB Income Growth Story
Dividend per share and yield on cost over time (24 years of payments)
HDB Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
HDFC Bank Limited distributes 23.5% of earnings as dividends (Sustainable).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
HDB has raised its dividend for 4 consecutive years, with a 3-year CAGR of 56.9% and 5-year CAGR of 51.1%.
Total Shareholder Returns
Beyond cash dividends, HDB returns capital through share repurchases. The combined picture: 1.3% dividend yield, 1.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.2% and is currently unknown. The 5-year total return is -22.4%, with dividends contributing 10.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $18,832 today.
HDB Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 18, 2026Latest | $0.4188 | ↑ +18.6% | 3.50% | — |
| Jun 17, 2026 | $0.3531 | ↓ -6.0% | 3.23% | — |
| Aug 11, 2025 | $0.3756 | ↑ +340.0% | 3.03% | Aug 20, 2025 |
| Jul 31, 2025 | $0.0854 | ↓ -87.1% | 1.94% | Aug 20, 2025 |
| Jun 26, 2025 | $0.6600 | ↑ +11.9% | 1.72% | — |
| Aug 12, 2024 | $0.5900 | ↑ +69.6% | 3.10% | Aug 21, 2024 |
| May 8, 2024 | $0.3478 | ↓ -40.0% | 3.31% | — |
| Aug 14, 2023 | $0.5800 | ↑ +99.8% | 1.78% | Aug 23, 2023 |
HDB Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $128.5B | 1.3% | 23.5% | 4 | Sustainable | |
| $101.2B | 0.8% | 14.0% | 4 | Sustainable | |
| $10.9B | 0.1% | 1.0% | 0 | Sustainable | |
1st | $85.9B | 10.6% | 1.1% | 2 | Sustainable |
2nd | $35.5B | 6.5% | 51.0% | 1 | Sustainable |
| $31.5B | 0.0% | 0.0% | 4 | Sustainable | |
3rd | $15.2B | 3.9% | 28.6% | 3 | Sustainable |
| $424.1B | 2.3% | 31.3% | 12 | Sustainable |
HDB Annual Dividend History (2001–2026)
26 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.77 | — | 2 | — | — | — | 2.2% |
| 2025 | $1.12 | 19.5% | 3 | $138.60 | 0.8% | 123.64x | 3.2% |
| 2024 | $0.94 | 61.7% | 2 | $135.03 | 0.7% | 143.99x | 2.7% |
| 2023 | $0.58 | 99.8% | 1 | $123.39 | 0.5% | 212.74x | 1.7% |
| 2022 | $0.29 | 121.5% | 1 | $102.45 | 0.3% | 353.00x | 0.8% |
| 2021 | $0.13 | — | 1 | $86.40 | 0.2% | 659.54x | 0.4% |
| 2020 | $0.00 | -100.0% | 0 | $74.19 | — | — | — |
| 2019 | $0.68 | 23.2% | 2 | $61.89 | 1.1% | 91.33x | 1.9% |
| 2018 | $0.55 | 11.6% | 1 | $53.07 | 1.0% | 96.49x | 1.6% |
| 2017 | $0.49 | 22.3% | 1 | $44.28 | 1.1% | 89.82x | 1.4% |
Full Stock Analysis
Deep dive into HDB consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
24+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
HDB — Frequently Asked Questions
Quick answers to the most common questions about buying HDB stock.
How much dividend does HDB pay per share?
HDFC Bank Limited (HDB) pays a trailing 12-month dividend of $30.94 per share, with a current dividend yield of +1.3%. Payments are made Semi-Annual.
When is HDB's next ex-dividend date?
HDB's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HDB typically pays dividends Semi-Annual.
Is HDB's dividend safe?
HDB's dividend safety is rated "Sustainable" based on an earnings payout ratio of +23.5% and FCF payout ratio of N/A. The 4-year growth streak provides moderate confidence.
Is HDB a Dividend Payer?
Yes, HDFC Bank Limited is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +51.1%, demonstrating above-inflation dividend growth.
How often does HDB pay dividends?
HDFC Bank Limited pays dividends Semi-Annual. The trailing 12-month total is $30.94 per share. Dividend data on this page covers 24+ years from 2002 to 2026.
How much would $10,000 invested in HDB grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HDB five years ago would be worth approximately $7,765 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HDB's yield on cost for long-term holders?
HDB's yield on cost — the current dividend divided by the original purchase price — is +3.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.3% market yield, thanks to consistent dividend growth.