HDFC Bank and 18 Others to Trade Ex-Dividend on June 27: Key Details

On June 27, 2025, HDFC Bank and 18 other leading Indian companies will trade ex-dividend, marking a significant event for shareholders. The record date determines which investors are eligible to receive the upcoming dividend payout, with HDFC Bank leading the pack with a final dividend of ₹22 per share for FY25, its highest since listing. Other prominent names set to go ex-dividend include Bajaj Finserv, Bajaj Holdings and Investment, Cipla, and several others.

HDFC Bank Dividend: Record Date and Eligibility

HDFC Bank has fixed June 27 as the record date for its ₹22 per share final dividend. Under India’s T+1 settlement system, investors must purchase shares before or on June 26 to be eligible for the dividend, as trades settle one business day after the transaction. Any shares bought on or after June 27 will not qualify for the dividend. The total payout for HDFC Bank is estimated at over ₹16,800 crore, reflecting the bank’s robust financial performance and commitment to shareholder returns.

The dividend is subject to approval at HDFC Bank’s 31st Annual General Meeting (AGM), scheduled for August 8, 2025, which will be held virtually. Shareholders whose names appear in the bank’s records at the close of business on June 27 will be eligible for the dividend, provided it is ratified at the AGM.

Tax and Documentation Requirements

HDFC Bank will deduct TDS on the dividend payment as per current tax laws. Shareholders seeking a lower TDS rate or exemption must submit the required documents by July 2, 2025, via the bank’s dedicated portal. Physical shareholders must submit Form ISR-1 to update bank account details and KYC information, while demat holders should contact their Depository Participants for updates.

Broader Market: 18 Other Companies Go Ex-Dividend

Alongside HDFC Bank, 18 other companies will trade ex-dividend on June 27. The list includes Bajaj Finserv, Bajaj Holdings and Investment, Swaraj Engines, Cipla, and several others, offering a diverse range of dividend opportunities for investors. This cluster of dividend payouts highlights a period of healthy corporate earnings and strong cash generation across sectors.

For each of these companies, the record date serves as the cut-off for eligibility. Investors who own shares before the ex-date will receive the dividend, while those purchasing shares on or after June 27 will not. The ex-dividend date typically leads to an adjustment in the stock price, reflecting the payout to shareholders.

Financial Performance and Dividend Trends

HDFC Bank reported a net profit of ₹17,616 crore for the quarter ended March 2025, a 6.7% year-on-year increase, despite a marginal decline in total income. The bank’s net interest income rose 10% year-on-year to ₹32,066 crore, while provisions and contingencies plunged 76% to ₹3,193 crore, reflecting improved asset quality. This strong financial performance underpins the bank’s ability to sustain and grow its dividend payouts.

The ₹22 per share dividend is the highest in HDFC Bank’s history since its listing, surpassing the ₹19.50 per share paid in 2024. This trend of rising dividends is mirrored by several other companies in the current ex-dividend list, signalling confidence in future earnings and cash flows.

Investor Considerations and Market Impact

Investors seeking to qualify for these dividends must ensure their transactions are completed by June 26. The ex-dividend date typically results in a price adjustment for the stock, as the market factors in the upcoming payout. Dividend-seeking investors often focus on companies with a consistent track record of payouts and robust financials, making HDFC Bank and its peers attractive options in the current market environment.

The flurry of dividend announcements and ex-dates also provides a boost to market sentiment, as investors anticipate steady income streams and potential capital appreciation. The trend reflects a broader shift towards shareholder-friendly policies among leading Indian corporations.

Conclusion

June 27, 2025, marks a significant day for Indian equity markets, with HDFC Bank and 18 other companies trading ex-dividend. HDFC Bank’s record ₹22 per share payout, subject to AGM approval, underscores its financial strength and commitment to shareholders. Investors must act before the record date to be eligible for these dividends, while also ensuring compliance with documentation and tax requirements. The collective dividend bonanza highlights a period of robust corporate performance and growing focus on shareholder returns in the Indian market.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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