HDFC Bank Announces Record Dividend for FY 2024-25

k has declared a dividend of Rs 22 per equity share of Re 1 face value, equating to a 2200% payout for FY 2024-25. Announced during the bank's Q4 results, this marks the highest dividend since its 1:1 stock split in September 2019, the second such action in its history on Dalal Street. The bank's shares are expected to attract attention next week as the record date for the dividend (ex-date) approaches. "The board recommended a dividend of Rs 22 per equity share of Re 1 each fully paid up (i.e. 2200%) for FY 2024-25," HDFC Bank stated in an earlier filing.