HDB Dividend History & Analysis | 2.9% Yield

HDB has a dividend yield of 2.9% and paid 2.2 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.90%
Payout Ratio 55.0%
Growth Rate CAGR 5y 33.61%
Consistency Lifetime 86.0%
Yield on Cost 5y 6.30%
Payout FCF 31.5%
Streak Years 5
Dividend Rating 57.59%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 14.6%
Total Return 5y: -1.3%

Top Dividend Payers in Diversified Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
CIB 19,893 M 20.1% 37.8%
INGA 84,914 M 6.79% 36.0%
ING 86,532 M 6.57% 32.7%
ITUB 95,710 M 12.2% 17.5%
ABN 30,174 M 6.27% 22.3%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
BAP 28,286 M 208% 83.3%
CIB 19,893 M 133% 87.2%
GGAL 8,774 M 105% 50.1%
SUPV 1,081 M 65.4% 63.5%
IBN 104,583 M 50.9% 84.1%

Quality Dividend Peers in Diversified Banks

BBVA
Banco Bilbao Viscaya
 5.44% Yield
BAP
Credicorp
 5.69% Yield
USB
U.S. Bancorp
 4.33% Yield
SMFG
Sumitomo Mitsui
 3.26% Yield
NWG
Natwest
 5.11% Yield
NTB
Bank of N.T.
 4.42% Yield

HDB Dividend History: Last 31 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-08-11 2025-06-26 2025-08-20 Annual 0.7513 476.5% 1%
2025-07-31 2025-07-31 2025-08-20 Other 0.1303 -90.1% 0.17%
2025-06-26 2025-08-20 1.32 11.4% 1.72%
2024-08-12 2024-05-09 2024-08-21 Annual 1.1847 -15.5% 1.94%
2024-05-08 1.4017 0.6% 2.5%
2023-08-14 2023-05-15 2023-08-23 Annual 1.3936 17.4% 2.12%
2023-05-12 2023-05-15 Annual 1.1869 2.2% 1.75%
2022-07-19 2022-05-12 2022-07-27 Annual 1.1609 -4.5% 2.04%
2022-05-11 1.2159 364.1% 2.28%
2021-07-20 2021-06-29 2021-08-19 Annual 0.262 -38.9% 0.38%
2021-06-28 0.429 103.7% 0.57%
2019-07-31 2019-08-01 2019-08-23 Other 0.2106 -67.7% N/A
2019-06-19 2019-06-20 2019-07-25 Annual 0.6522 19.3% N/A
2018-06-01 2018-06-04 2018-07-11 Annual 0.5466 10.6% N/A
2017-06-27 2017-06-29 2017-08-03 Annual 0.494 22.5% N/A
2016-06-27 2016-06-29 2016-08-03 Annual 0.4032 13.6% N/A
2015-06-30 2015-07-02 2015-07-31 Annual 0.3549 10.5% N/A
2014-06-26 2014-06-05 2014-07-08 Annual 0.3212 -75.6% N/A
2014-06-03 1.3184 414.4% N/A
2013-06-11 2013-06-13 2013-07-10 Annual 0.2563 19.9% N/A
2012-06-26 2012-06-28 2012-07-27 Annual 0.2138 -80.5% N/A
2011-05-31 2011-06-02 2011-07-19 Annual 1.0942 46.5% N/A
2010-06-09 2010-06-11 2010-07-16 Annual 0.7468 24.6% N/A
2009-06-22 2009-06-24 2009-08-04 Semiannual 0.5994 5% N/A
2008-04-25 2008-04-29 2008-07-15 Annual 0.5708 14.7% N/A
2007-05-16 2007-05-18 2007-08-03 Annual 0.4976 38.6% N/A
2006-05-10 2006-05-13 2006-06-26 Annual 0.359 16% N/A
2005-05-25 2005-05-27 2005-07-13 Annual 0.3096 32.6% N/A
2004-05-04 2004-05-06 2004-06-17 Annual 0.2334 21.6% N/A
2003-04-29 2003-05-01 2003-06-18 Annual 0.192 40.4% N/A
2002-05-07 2002-05-09 2002-06-11 Other 0.1368 0% N/A

HDB Dividend FAQ

HDFC Bank Limited (NYSE:HDB) is a diversified Indian bank that offers a full suite of retail and wholesale banking services across India and select international locations (Bahrain, Hong Kong, Singapore, Dubai). Its operations are organized into Treasury, Retail Banking, Wholesale Banking, Insurance, and ancillary segments, delivering products ranging from basic deposit accounts and credit cards to corporate loans, trade finance, and wealth-management solutions.

What is the Dividend Yield of HDB?

As of February 2026, HDB`s dividend yield is 2.90%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.20 USD by the current share price of 34.46.

Does HDB pay a dividend?

As of February 2026, HDB paid a dividend of 2.20 USD in the last 12 months. The last dividend was paid on 2025-08-11 and the payout was 0.75128 USD.

How often does HDB pay dividends?

HDB pays dividends quarterly. Over the last 12 months, HDB has issued 3 dividend payments. The last dividend payment was made on 2025-08-11.

HDB dividend forecast

Based on historical data, the forecasted dividends per share for HDB for the next 4 payments are between 0.999 (+33.0%) and 1.69 (+124.9%).
This represents a strong dividend growth compared to the last payment.

Will HDB pay dividends in 2026?

The latest dividend paid per share was 0.75128 USD with an Ex-Dividend Date of 2025-08-11. The next Ex-Dividend date for HDFC Bank (HDB) is currently unknown.

What is the next Ex-Dividend Date for HDB?

The next Ex-Dividend date for HDFC Bank (HDB) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of HDB?

HDB's average dividend growth rate over the past 5 years is 33.6% per year.
Strong growth: HDB's Dividend growth is outpacing inflation.

What is the Yield on Cost of HDB?

HDB's 5-Year Yield on Cost is 6.30%. If you bought HDB's shares at 34.93 USD five years ago, your current annual dividend income (2.20 USD per share, trailing 12 months) equals 6.30% of your original purchase price.

What is the Payout Consistency of HDB?

HDB Payout Consistency is 86.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Moderately consistent: HDFC Bank has a good track record of consistent dividend payments over its lifetime.

Does HDB have a good Dividend Yield?

HDB`s 2.90% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of HDB?

The Dividend Payout Ratio of HDB is 55.0%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of HDB?

HDB`s Overall Dividend Rating is 57.59%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

HDB Outstanding Shares Analysis

What is the Trend in HDB's Outstanding Shares?

HDFC Bank's outstanding shares have increased by approximately 0.69% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has HDB ever had a Stock Split?

Yes, the last stock split was on Sep 8, 2025 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
2001 997,948,900
2002 1,008,102,500 +1.02%
2003 938,445,700 -6.91%
2004 990,363,700 +5.53%
2005 1,052,330,000 +6.26%
2006 1,065,034,300 +1.21%
2007 1,168,026,000 +9.67%
2008 1,419,497,700 +21.53%
2009 1,482,790,000 +4.46%
2010 1,576,565,300 +6.32%
2011 1,562,470,000 -0.89%
2012 1,588,948,700 +1.69%
2013 1,607,960,300 +1.2%
2014 3,302,409,700 +105.38%
2015 3,408,342,700 +3.21%
2016 3,458,217,700 +1.46%
2017 3,497,250,300 +1.13%
2018 3,650,882,300 +4.39%
2019 3,673,693,000 +0.62%
2020 3,700,139,300 +0.72%
2021 3,716,301,700 +0.44%
2022 1,866,302,200 -49.78%
2023 5,079,579,000 +172.17%
2024 5,117,858,000 +0.75%
2025 5,149,930,000 +0.63%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-08 02:19