HDFC Bank Limited (HDB) Ex-Dividend Date Scheduled for June 11, 2013


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HDFC Bank Limited ( HDB ) will begin trading ex-dividend on June 11, 2013. A cash dividend payment of $0.3059 per share Shareholders who purchased HDB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 24.96% increase over the prior year.

The previous trading day's last sale of HDB was $39.2, representing a -10.52% decrease from the 52 week high of $43.81 and a 32.66% increase over the 52 week low of $29.55.

HDB is a part of the Finance sector, which includes companies such as Mitsubishi UFJ Financial Group Inc ( MTU ) and Royal Bank Of Canada ( RY ). HDB's current earnings per share, an indicator of a company's profitability, is $1.57. Zacks Investment Research reports HDB's forecasted earnings growth in 2014 as 27.88%, compared to an industry average of -.7%.

For more information on the declaration, record and payment dates, visit the HDB Dividend History page.

Interested in gaining exposure to HDB through an Exchange Traded Fund [ETF]?
The following ETF(s) have HDB as a top-10 holding:

  • First Trust ISE Chindia Index Fund ( FNI )
  • PowerShares KBW International Financial Portfolio ETF ( KBWX )
  • EGShares Financials GEMS ETF ( FGEM )
  • iShares MSCI Emerging Markets Financials Sector Index Fund ( EMFN )
  • First Trust Exchange-Traded Fund II First Trust BICK Index Fun ( BICK ).

The top-performing ETF of this group is KBWX with an increase of 26.3% over the last 100 days. FNI has the highest percent weighting of HDB at 6.08%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks

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