HDFC Bank and HDFC shares will trade ex-dividend on May 16. HDFC Bank recommended a dividend of INR 19 per equity share, while HDFC declared an interim dividend of INR 44 per equity share. The former has fixed May 16 as record date for determining eligibility of shareholders, and the latter has set June 1 as the payment date for the interim dividend. HDFC Bank’s Q4 FY2021 net profit rose 20% YoY, while HDFC’s Q4 FY2021 standalone net profit rose 20% YoY.
