HDFC announced a big good news!!!
HDFC, the country's largest private sector company, has announced a big good news for its shareholders. The company has announced to give part of the profits to its shareholders this year. The company has said that it will give a dividend of Rs 15.50 per share to its investors.
The company will share in the profits
Actually, this information has been given by hdfc bank itself. The company has said that its board of directors has recommended a dividend of Rs 15.50 on one rupee share out of the net profit for the financial year ended march 31, 2022. This decision is subject to the approval of the shareholders at the ensuing Annual General Meeting. The company has also stated that the date for determining the eligibility of members entitled to receive dividend on equity shares has been fixed as May 13, 2022.
Profit in the third quarter
HDFC Bank, the largest private sector lender in the country, reported a 23 per cent jump in net profit at Rs 10,055.20 crore on a standalone basis for the march quarter. The company has got this big benefit this year, now the company is going to give its investors as well, which is a big news for the investors in this era of falling stock market.
