Dividend paying Stock: HDFC bank on Saturday introduced a dividend of ₹15.50 in line with fairness share, that’s maximum in final eleven years. The personal lender informed Indian exchanges about the advice of its Board of administrators at the Annual general assembly (AGM) held on Saturday, April 23, 2022. The document date for finalisation of eligible shareholders for dividend price has been fixed on 13th may also 2022.
HDFC financial institution informed about the suggestion of dividend payment in exchange verbal exchange mentioning, “Pursuant to rules 30, 42 and different applicable provisions of the SEBI (list duties and Disclosure requirements) rules, 2015 as amended sometimes (“the rules”), we are thrilled to inform that the Board of directors, at its assembly held today, has advocated a dividend of Rs. 15.50 per fairness share of Re. 1/- every completely paid up (i.e.1550 %) out of the internet earnings for the year ended March 31, 2022, issue to the approval of the shareholders at the ensuing Annual general assembly (“AGM”) of the bank.”
“The report date for determining the eligibility of contributors entitled to get hold of dividend on fairness stocks is Friday, may additionally thirteen, 2022. Dividend, if accredited by the shareholders of the bank, will be paid after the AGM to those shareholders, whose names appear in the bank’s check in of participants/ register of useful owners maintained by way of the Depositories viz., country wide Securities Depository constrained and significant Depository services (India) restrained as at the near of business hours on Friday, can also thirteen, 2022,” HDFC bank concluded.