HDFC Bank Limited (HDB) Dividends
Dividend Yield and Dividend History Highlights
- HDB's average cash flow over the past 4 years is greater than 98.75% of current dividend paying stocks in the US.
- In terms trailing twelve months of dividends issued, HDB has returned $66,447,300,000 US dollars -- more than 98.63% of public US dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with HDB's price: CTSH, OLLI, FMC, PNM and SPTN.
HDB Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $64.26 | $17.87 | -70.4% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for HDB, the DDM model, as implemented by StockNews, implies a negative return of 70.4% relative to its current price. Digging deeper, the aspects of Hdfc Bank Ltd's dividend discount model that we found most interesting were:
- In comparison to other stocks in the Financial Services sector, HDB provides shareholders with a dividend yield greater than only 1.56% such stocks.
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of -70.4%, based on the stock's current share price and target price based on a dividend discount model, is greater than only 11.28% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, HDB has a discount rate lower than only 11.28% of them (a lower discount rate is associated with lower risk).
- Based on dividend growth rate, Hdfc Bank Ltd has been increasing its dividends at a faster rate than only 0.21% of US-listed dividend-issuing stocks we observed.
HDB Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-08-12 | Dividend | $0.59 | -0.84% |
| 2024-05-08 | Dividend | $0.60 | +2.58% |
| 2023-08-14 | Dividend | $0.58 | -1.85% |
| 2023-05-12 | Dividend | $0.59 | +20.77% |
| 2022-07-19 | Dividend | $0.49 | -- |
| 2022-05-11 | Dividend | $0.49 | +132.70% |
| 2021-07-20 | Dividend | $0.21 | -1.40% |
| 2021-06-28 | Dividend | $0.21 | +320.00% |
| 2019-09-26 | Split | 2-1-for-1 Stock Split | N/A |
| 2019-07-31 | Dividend | $0.10 | -84.97% |
| 2019-06-19 | Dividend | $0.63 | +15.54% |
| 2018-06-01 | Dividend | $0.55 | +10.95% |
| 2017-06-27 | Dividend | $0.49 | +22.33% |
| 2016-06-27 | Dividend | $0.40 | +7.75% |
| 2015-06-30 | Dividend | $0.37 | +6.98% |
| 2014-06-26 | Dividend | $0.35 | +14.29% |
| 2013-06-11 | Dividend | $0.31 | +24.96% |
| 2012-06-26 | Dividend | $0.24 | +8.11% |
| 2011-07-25 | Split | 5-1-for-1 Stock Split | N/A |
| 2011-05-31 | Dividend | $1.11 | +37.43% |
| 2010-06-09 | Dividend | $0.81 | +35.25% |
| 2009-06-22 | Dividend | $0.60 | -5.54% |
| 2008-04-25 | Dividend | $0.63 | +23.73% |
| 2007-05-16 | Dividend | $0.51 | +39.89% |
| 2006-05-10 | Dividend | $0.37 | +18.70% |
| 2005-05-25 | Dividend | $0.31 | +29.39% |
| 2004-05-04 | Dividend | $0.24 | +25.46% |
| 2003-04-29 | Dividend | $0.19 | +24.25% |
| 2002-05-07 | Dividend | $0.15 | -- |
HDB Dividends vs. Peers
HDB's dividend yield currently ranks #19 of 111 vs. its peers in the Foreign Banks category.
Looking for More Information on HDB dividends?
Want to see what other sources are saying about Hdfc Bank Ltd's dividends? Try the links below:Hdfc Bank Ltd Common Stock (HDB) Dividend History | Nasdaq
Dividend History for Hdfc Bank Ltd (HDB) - Dividend Investor
Hdfc Bank Ltd (HDB) Dividend History - Seeking Alpha