The Board of Directors of HDFC Bank Ltd (HDFCBANK) at its meeting held on 18 June 2021, has declared Dividend of Rs 6.5 per equity share for the year ended March 31, 2021.
HDFC Bank Ltd Q4 Result
The bank reported a net profit of Rs 8,186 crore for the March quarter, up 18.17% year-on-year. The net profit stood at Rs 6,927.7 crore for the same period last year. Net interest income, or core income, rose 12.6% from a year ago to Rs 17,120 crore. Other income rose 26% over a year ago to Rs 7,594 crore.
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HDFC Bank Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 30 June 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Wednesday, 30 June 2021.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
Pursuant to the applicable provisions of Securities and Exchange Board of India, we wish to inform you that the Board of Directors of the Bank, at its meeting held today, has recommended a dividend of Rs. 6.50 per equity share of face value of Re.1/- each (i.e. 650% on face value) out of the net profits for the year ended March 31, 2021.
Important Dates
- Company – HDFC Bank Ltd
- Script Name – HDFCBANK (NSE) and 500180 (BSE)
- Dividend Amount – 6.5 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 29 June 2021
- Record Date – 30 June 2021
- Payment Date – 16 August 2021
Also, you can find more information about HDFC Bank Ltd on National Stock Exchange and Moneycontrol – HDFC Bank Ltd offers a wide range of commercial and transactional banking services and treasury products to wholesale and retail customers. The bank has three key business segments: Wholesale Banking Services
