HDB Dividend History & Analysis | 4.2% Yield

HDB has a dividend yield of 4.2% and paid 1.65 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.22%
Payout Ratio 74.9%
Growth Rate CAGR 5y -14.7%
Consistency Lifetime 88.5%
Yield on Cost 5y 5.8%
Payout FCF 12.6%
Streak Years -
Dividend Rating 9.8%
Chowder Number yield + growth -10.4% below 12% target for healthy growth
Yield vs Average 5y +17.5% avg 3.59% vs now 4.22%
Debt / EBITDA leverage 3.0x moderate
Income per 10k invested 422 USD per year
Dividends Cash Amount per Share Yearly HDB annual dividends paid per share, showing the total cash HDFC Bank distributed to shareholders each year.
Dividend Growth Year over Year HDB year-over-year dividend growth rate, showing how HDFC Bank's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History HDB dividend yield history versus share price over the past 5 years, showing how HDFC Bank's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Diversified Banks

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SAB MC
Banco de Sabadell S.A
17,521 M 16.87% 142.73%
BAMI MI
Banco Bpm
26,948 M 7.98% 60.71%
BMA NYSE
Banco Macro
6,074 M 7.29% 53.49%
SHB-A ST
Svenska Handelsbanken (publ)
28,672 M 14.58% 27.44%
DANSKE CO
Danske Bank
46,351 M 9.45% 37.02%
GGAL NASDAQ
Grupo Financiero Galicia
9,105 M 4.79% 34.37%
ISP MI
Intesa Sanpaolo
128,234 M 6.82% 26.93%
ABN AS
ABN Amro
35,579 M 5.60% 25.24%
BBVA NYSE
Banco Bilbao Viscaya
142,124 M 4.95% 25.72%
NWG NYSE
Natwest
71,597 M 6.15% 22.64%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
JYSK CO
Jyske Bank
8,532 M 80.37% 98.8%
SAB MC
Banco de Sabadell S.A
17,521 M 65.92% 99.0%
DANSKE CO
Danske Bank
46,351 M 57.59% 93.7%
BAP NYSE
Credicorp
31,137 M 51.71% 98.4%
IBN NYSE
ICICI Bank
104,009 M 47.12% 100.0%
BKT MC
Bankinter
15,927 M 35.56% 100.0%
ALSYDB CO
AL Sydbank
7,743 M 36.15% 97.3%
UNI MC
Unicaja Banco
9,603 M 31.99% 100.0%
BBVA NYSE
Banco Bilbao Viscaya
142,124 M 31.43% 100.0%
BAMI MI
Banco Bpm
26,948 M 32.83% 100.0%

HDB Dividend History

Dividend Monthly Return EX date, 5 years of data

Jan - -
Feb - -
Mar - -
Apr - -
May 1.31% 60
Jun 0.95% 40
Jul 0.52% 60
Aug 1.01% 60
Sep - -
Oct - -
Nov - -
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 12 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-18 2026-06-18 Annual 0.4188 +18.6% 1.66%
2026-06-17 2026-06-18 0.3531 -53% 1.39%
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% 1.76%
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 0% 0.38%

HDB Dividend FAQ

What is the Dividend Yield of HDB?

As of July 2026, HDB's dividend yield is 4.22%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.65 USD by the current share price of 26.31.

Does HDB pay a dividend?

As of July 2026, HDB paid a dividend of 1.65 USD in the last 12 months. The last dividend was paid on 2026-06-18 and the payout was 0.4188 USD.

How often does HDB pay dividends?

HDB pays dividends quarterly. Over the last 12 months, HDB has issued 4 dividend payments. The last dividend payment was made on 2026-06-18.

HDB dividend forecast

Based on historical data, the forecasted dividends per share for HDB for the next payments are between 0.382 (-8.8%) and 1.051 (+151.0%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 37.0%.

Will HDB pay dividends in 2026?

The latest dividend paid per share was 0.4188 USD with an Ex-Dividend Date of 2026-06-18. 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 -14.7% per year. Negative growth: HDB's dividend growth is negative and declining.

What is the Yield on Cost of HDB?

HDB's 5-Year Yield on Cost is 5.79%. If you bought HDB's shares at 28.57 USD five years ago, your current annual dividend income (1.65 USD per share, trailing 12 months) equals 5.79% of your original purchase price.

What is the Payout Consistency of HDB?

HDB Payout Consistency is 88.5%. 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 4.22% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of HDB?

The Dividend Payout Ratio of HDB is 74.9%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of HDB?

HDB's Overall Dividend Rating is 9.82%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

HDB Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in HDB's Outstanding Shares?

HDFC Bank's outstanding shares have decreased by approximately 38.27% annually over the past 3 years (Trend Reliability: -57.0%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

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 0%
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%
2026 1,715,669,000 -66.69%

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: 2026-07-16 02:37 UTC