Trailing Dividend / Share
$127.10
HDFC Bank Limited (HDB) Dividend History
Income profile from 2002 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
4.9%
Payout Ratio
27.2%
Sustainable
Dividend Streak
4 years
HDB Dividend Income Check
Safety
27.2% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 3.2% and trend is unknown.
HDB Dividend Scorecard
Yield & Income
Dividend Yield4.9%
Trailing DPS$127.10
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout27.2%
Earnings SafetySustainable
FCF Payout37.8%
FCF SafetyWell Covered
Piotroski F-Score8/9
Growth
Growth Streak4 years
3Y CAGR56.9%
5Y CAGR51.1%
Yield on Cost (5Y)3.2%
YOC Trendunknown
Total Returns
Buyback Yield0.0%
Total Shareholder Yield4.9%
1Y Total Return-24.8%
5Y Total Return-17.9%
Div Contribution (5Y)9.0%
Estimated $10K growth (return + dividends):
5Y ago$7,86510Y ago$19,17020Y ago$129,452
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
HDB Income Growth Story
Dividend per share and yield on cost over time (24 years of payments)
HDB Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
HDFC Bank Limited distributes 27.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 37.8%, rated "Well Covered".
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
HDB has raised its dividend for 4 consecutive years, with a 3-year CAGR of 56.9% and 5-year CAGR of 51.1%.
Total Shareholder Returns
Beyond cash dividends, HDB returns capital through share repurchases. The combined picture: 4.9% dividend yield, 4.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.2% and is currently unknown. The 5-year total return is -17.9%, with dividends contributing 9.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $19,170 today.
HDB Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$6.61
Avg/Payment$0.3305
Latest Change+18.6%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 18, 2026Latest | $0.4188 | ↑ +18.6% | 3.51% | — |
| Jun 17, 2026 | $0.3531 | ↓ -6.0% | 3.23% | — |
| Aug 11, 2025 | $0.3756 | ↑ +340.0% | 3.03% | Aug 20, 2025 |
| Jul 31, 2025 | $0.0854 | ↓ -87.1% | 1.94% | Aug 20, 2025 |
| Jun 26, 2025 | $0.6600 | ↑ +89.8% | 1.72% | — |
| Aug 12, 2024 | $0.3478 | — | 2.30% | Aug 21, 2024 |
| May 8, 2024 | $0.3478 | ↑ +1.6% | 3.31% | — |
| Aug 14, 2023 | $0.3422 | ↑ +17.9% | 2.87% | Aug 23, 2023 |
HDB Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
4.9%
#3 of 9
Safety
Sustainable
27.2% payout
Streak
4Y
51.1% 5Y CAGR
Total Shareholder
4.9%
#4 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd HDBHDFC Bank Limited | $139.2B | 4.9% | 27.2% | 4 | Sustainable |
 IBNICICI Bank Limited | $106.5B | 0.8% | 14.5% | 4 | Sustainable |
 HBMHudbay Minerals Inc. | $8.6B | 0.1% | 1.0% | 0 | Sustainable |
1st  ITUBItaú Unibanco Holdin… | $90.7B | 10.0% | 1.1% | 2 | Sustainable |
2nd  BBDBanco Bradesco S.A. | $36.0B | 6.4% | 51.0% | 1 | Sustainable |
 KBKB Financial Group I… | $41.0B | 1.9% | 22.3% | 4 | Sustainable |
 SHGShinhan Financial Gr… | $33.7B | 0.0% | 0.0% | 4 | Sustainable |
 WFWoori Financial Grou… | $15.0B | 3.9% | 28.6% | 3 | Sustainable |
 BACBank of America Corp… | $424.8B | 2.1% | 31.3% | 12 | Sustainable |
HDB Annual Dividend History (2001–2026)
26 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.77 | — | 2 | $465.78 | 0.2% | 603.44x | 2.2% |
| 2025 | $1.12 | 61.2% | 3 | $138.60 | 0.8% | 123.64x | 3.2% |
| 2024 | $0.70 | 103.3% | 2 | $135.03 | 0.5% | 194.13x | 2.0% |
| 2023 | $0.34 | 17.9% | 1 | $123.39 | 0.3% | 360.61x | 1.0% |
| 2022 | $0.29 | 121.5% | 1 | $102.45 | 0.3% | 353.00x | 0.8% |
| 2021 | $0.13 | — | 1 | $86.40 | 0.2% | 659.54x | 0.4% |
| 2020 | $0.00 | -100.0% | 0 | $74.19 | — | — | — |
| 2019 | $0.68 | 23.2% | 2 | $61.89 | 1.1% | 91.33x | 1.9% |
| 2018 | $0.55 | 11.6% | 1 | $53.07 | 1.0% | 96.49x | 1.6% |
| 2017 | $0.49 | 22.3% | 1 | $44.28 | 1.1% | 89.82x | 1.4% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
24+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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HDB — Frequently Asked Questions
Quick answers to the most common questions about buying HDB stock.
How much dividend does HDB pay per share?
HDFC Bank Limited (HDB) pays a trailing 12-month dividend of $127.10 per share, with a current dividend yield of +4.9%. Payments are made Semi-Annual.
When is HDB's next ex-dividend date?
HDB's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HDB typically pays dividends Semi-Annual.
Is HDB's dividend safe?
HDB's dividend safety is rated "Sustainable" based on an earnings payout ratio of +27.2% and FCF payout ratio of +37.8%. The 4-year growth streak provides moderate confidence.
Is HDB a Dividend Payer?
Yes, HDFC Bank Limited is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +51.1%, demonstrating above-inflation dividend growth.
How often does HDB pay dividends?
HDFC Bank Limited pays dividends Semi-Annual. The trailing 12-month total is $127.10 per share. Dividend data on this page covers 24+ years from 2002 to 2026.
How much would $10,000 invested in HDB grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HDB five years ago would be worth approximately $7,865 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HDB's yield on cost for long-term holders?
HDB's yield on cost — the current dividend divided by the original purchase price — is +3.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.9% market yield, thanks to consistent dividend growth.