Key Points
turn ex-dividend on Tuesday as the Nifty 50 heavyweights are to pay dividends of Rs 19 per share and Rs 44 per share respectively...
Two Nifty 50 heavyweights HDFC and HDFC Bank are to trade ex-dividend today, 16 May onwards..
HDFC Banks board of directors have recommended a final dividend of 1900% at Rs 19 per share with face value of Re 1. Mortgage lender HDFC announced an interim dividend of 2200% at Rs 44 per equity share with a face value of Rs 2...
HDFC Banks dividend is higher than the dividend of Rs 15.5 per share paid out the last financial year, making this the largest dividend paid out by the lender..
HDFC Bank reported healthy growth in its standalone Q4FY23 net profit at Rs 12,047.5 crore, up 20% on-year..
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