HDFC BankMEX:HDBN 66 Forward Dividend Yield % is 1.77% as of Jun. 24, 2026. GuruFocus rates MEX:HDBN with a GF Score™ of 66/100 and a GF Value™ of MXN501.84 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,243 Banks companies, HDFC Bank ranks worse than 83.83% on this metric.
As of today (2026-06-24), the Forward Annual Dividend Yield of HDFC Bank is 1.77%.
As of today (2026-06-24), the Trailing Annual Dividend Yield of HDFC Bank is 1.77%.
MEX:HDBN's Forward Dividend Yield % is ranked worse than 83.83% of 1243
companies
in the Banks industry
Industry Median: 3.15
vs MEX:HDBN: 1.77
During the past 12 months, HDFC Bank's average Dividends Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 44.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HDFC Bank was 44.20% per year. The lowest was 0.00% per year. And the median was 22.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
HDFC Bank (MEX:HDBN) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
MEX:HDBN vs PNC: Forward Dividend Yield % Comparison
For the Banks - Regional subindustry, HDFC Bank's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HDFC Bank Forward Dividend Yield % vs Banks Industry
For the Banks industry and Financial Services sector, HDFC Bank's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where HDFC Bank's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
HDFC Bank Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.418803
2026-06-18
2026-06-18
0000-00-00
Cash Dividend
annually
USD:MXN 17.376400
USD 0.375643
2025-08-11
2025-06-26
2025-08-20
Cash Dividend
annually
USD:MXN 18.706300
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
HDFC Bank's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
7.0268906509
/
410.00
=
1.71 %
Current Share Price is MXN410.00. HDFC Bank's Dividends per Share for the forward twelve months is calculated as MXN7.0268906509 * 1 = MXN7.0268906509.
HDFC Bank's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
14.3041791001
/
410.00
=
3.49 %
Current Share Price is MXN410.00. HDFC Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN14.3041791001.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 1.77% mean?
HDFC Bank (MEX:HDBN) has a Forward Dividend Yield % of 1.77% as of Jun. 24, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on HDFC Bank and its competitors. According to the industry distribution chart, HDFC Bank ranks #1042 out of 1243 companies in the Banks industry, placing it in the top 83.8%.
Is HDFC Bank's Forward Dividend Yield % too high?
HDFC Bank's current Forward Dividend Yield % is 1.77%. The Banks industry median Forward Dividend Yield % is 3.15. HDFC Bank's value of 1.77% is 43.8% below this industry median. Based on the distribution chart, HDFC Bank ranks #1042 out of 1243 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, HDFC Bank has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Bank's Forward Dividend Yield % compare to PNC?
According to the Banks industry distribution chart, HDFC Bank ranks #1042 out of 1243 companies for Forward Dividend Yield %. This places HDFC Bank in the lower half of its industry. The industry median Forward Dividend Yield % is 3.15. HDFC Bank's value of 1.77% is 43.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Banks company?
The median Forward Dividend Yield % among Banks companies is 3.15, based on 1,243 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HDFC Bank's current Forward Dividend Yield % of 1.77% is 43.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on HDFC Bank and its competitors. For the Banks industry, the median Forward Dividend Yield % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HDFC Bank's current Forward Dividend Yield % is 1.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Bank stock overvalued right now?
Based on GuruFocus' analysis, HDFC Bank (MEX:HDBN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN501.84, compared to a current price of MXN410.00 — trading 18.3% below its estimated fair value. The current Forward Dividend Yield % is 1.77% and 43.8% below the Banks industry median of 3.15. HDFC Bank's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For HDFC Bank (MEX:HDBN), the current Forward Dividend Yield % is 1.77% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HDFC Bank (MEX:HDBN) Overvalued in 2026?
Based on GuruFocus' analysis, HDFC Bank stock appears to be undervalued.
The current stock price of MXN410.00 is trading 18.3% below its estimated GF Value™ of MXN501.84.
GuruFocus considers HDFC Bank to be Modestly Undervalued.
Key valuation signals for MEX:HDBN:
Forward Dividend Yield %: 1.77%
GF Value™: MXN501.84 vs. price of MXN410.00 (18.3% below fair value)
Industry Position: 43.8% below the Banks median (#1042 of 1243)
No single metric tells the full story. See the MEX:HDBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HDFC Bank Ltd is an Indian bank. It operates in the following segments: Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment, which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para-banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.
66GF Score
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