Does HDB pay a dividend?

Yes. HDFC Bank Limited pays a semi-annual dividend, currently yielding 3.22% based on trailing twelve-month payments of $0.83 per share.

How much does HDB pay in dividends?

$0.83 per share over the last twelve months, paid semi-annual. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next HDB ex-dividend date?

No upcoming ex-dividend date is currently on record for HDB. Dates appear here once the company declares them.

HDB Dividend

HDFC Bank Limited

NYSEFinancial ServicesStockData as of November 10, 2026

Dividend yield: 3.22%
Annual dividend: $0.83
Payout ratio: 0.00
Frequency: Semi-Annual
Share price: $25.71
Market cap: $132B

Is HDB a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median3.22% against a median of 2.84% across US dividend payers.
Dividend is comfortably coveredA payout ratio of 0.00 means roughly 0% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut 6 timesAcross 23 complete years, the annual total fell in 2021, 2024, 2025 and earlier. The most recent reduction was in 2025.

HDB dividend history

Annual dividend per share, 2002 to 2025.

Peak $0.9357 in 2023Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 31 dividend payments for HDB, most recent first.
Ex-dividend date	Pay date	Amount	Type
August 7, 2026	August 17, 2026	$0.4086	Semi-Annual
June 18, 2026	August 17, 2026	$0.4188	Annual
August 11, 2025	August 20, 2025	$0.7513	Irregular
July 31, 2025	August 20, 2025	$0.1708	Special
June 26, 2025	—	$1.3200	Annual
August 12, 2024	August 21, 2024	$0.6956	Semi-Annual
May 8, 2024	—	$0.6956	Semi-Annual
August 14, 2023	August 23, 2023	$0.6843	Semi-Annual
May 12, 2023	November 7, 2023	$1.1870	Semi-Annual
July 19, 2022	July 27, 2022	$0.5805	Semi-Annual
May 11, 2022	July 27, 2022	$1.0440	Semi-Annual
July 20, 2021	August 19, 2021	$0.2620	Monthly
July 31, 2019	August 23, 2019	$0.2106	Annual
June 19, 2019	July 25, 2019	$0.6459	Annual
June 1, 2018	July 11, 2018	$0.5666	Annual
June 27, 2017	August 3, 2017	$0.5140	Annual
June 27, 2016	August 3, 2016	$0.4232	Annual
June 30, 2015	July 31, 2015	$0.3749	Annual
June 26, 2014	July 8, 2014	$0.3412	Monthly
June 11, 2013	July 10, 2013	$0.2763	Annual
June 26, 2012	July 27, 2012	$0.2338	Annual
May 31, 2011	July 19, 2011	$1.1141	Annual
June 9, 2010	July 16, 2010	$0.7668	Annual
June 22, 2009	August 4, 2009	$0.6195	Annual
April 25, 2008	July 15, 2008	$0.5909	Annual
May 16, 2007	August 3, 2007	$0.5176	Annual
May 10, 2006	June 26, 2006	$0.3590	Annual
May 25, 2005	July 13, 2005	$0.3096	Annual
May 4, 2004	June 17, 2004	$0.2333	Annual
April 29, 2003	June 18, 2003	$0.1920	Annual
May 7, 2002	June 11, 2002	$0.1529	Annual

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Frequently asked questions

Does HDB pay a dividend?: Yes. HDFC Bank Limited pays a semi-annual dividend, currently yielding 3.22% based on trailing twelve-month payments of $0.83 per share.
How much does HDB pay in dividends?: $0.83 per share over the last twelve months, paid semi-annual. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next HDB ex-dividend date?: No upcoming ex-dividend date is currently on record for HDB. Dates appear here once the company declares them.