Last Updated:
HDFC Bank, India’s largest private lender, announced a special dividend of Rs 5 per share for FY 2025-26 and its first-ever 1:1 bonus issue.
HDFC Bank recommends a dividend of Rs 5 per share for FY26.
HDFC Bank, India’s largest private lender, has recommended the special dividend of Rs 5 per equity for the current financial year 2025-26. The lender also announces the first-ever bonus issue in the ratio of 1:1, meaning one equity share for every one equity share held by shareholders.
“A Special Interim Dividend of Rs. 5 per equity share of Re. 1/- each fully paid up (i.e. 500%), for the FY 2025-26,” HDFC Bank said in a regulatory filing.
The lender has fixed Friday, 25, 2025 as the record date for the special dividend of FY26. The Special Interim Dividend shall be paid to the eligible Members on Monday, August 11, 2025. The lender, however, will announce the record date for the bonus issue soon.
This means that shareholders need to purchase HDFC Bank’s shares by today, July 24, to become eligible for the special dividend of FY26. On a T+1 settlement, shares are added to the company’s register the very next day.
To become the eligible for a dividend, the person’s name must be on the register on the record date. Thus, today marks the last day for HDFC Bank’s special dividend to be eligible.
HDFC Bank had reported a 12.24 per cent year-on-year rise in its net profit to Rs 18,155.21 crore for the first quarter ended June 2025. Its net interest income, which is the difference between interest earned and interest expended, rose 5.4% to Rs 31,439 crore in April-June, against Rs 29,839 crore in the year-ago period.
Its net profit had stood at Rs 16,174.75 crore in the corresponding period last year.
However, on a consolidated basis, its net profit fell by 1.31 per cent to Rs 16,258 crore for the June 2025 quarter. The lender had reported a net profit of Rs 16,475 crore in the year-ago period.
Its total income jumped to Rs 99,200 crore in the June quarter from Rs 83,701 crore in the year-ago period.
The total expenditure stood at Rs 63,467 crore against Rs 59,817 crore in the same period of the preceding fiscal, as per an exchange filing.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
view comments
- First Published:
Source link
[ad_3]