When it comes to steady and rewarding investment, Banking Stocks often hold special place in many investors portfolio and the better way to feel joy of long term wealth building than through dividends?
What is Dividends?
A dividend is a portion of a company’s profit that is distributed to its shareholders as a reward for their investment.
Let's analyse two of India's banking leaders HDFC Bank and ICICI Bank for their consistent and growing dividends payouts over the years
HDFC Bank: One of India's most trusted Private bank with Market Cap of ₹15.50 lkh Crore and Bank holds 13% weightage in Nifty and 28% In Banknifty and Bank has been generous in sharing it's success with Shareholders
Hdfc Bank Dividend History
- FY20-21:₹6.50/Share
- FY21-22:₹15.50/Share
- FY22-23:₹19/Share
- FY23-24:₹19.50/Share
- FY24-25:₹22/Share
Stock Returns in last 5 years:103%
ICICI Bank:India's Second Largest Private Lender with market cap of ₹10 lkh Crore and Bank holds 8.95% weightage in Nifty and 25.48% weightage in Banknifty
ICICI Bank Dividend History
- FY20-21:₹1/Share
- FY21-22:₹2/Share
- FY22-23:₹5/Share
- FY23-24:₹8/Share
- FY24-25:₹11/Share
Stock Returns in last 5 years: 320%
A growing Dividend payouts often Refelts companies Financial Strength stable earnings and shareholders friendly Policies and Both Hdfc bank and ICICI Bank have delivered on these fronts and giving investors reasons to smile year after year
Disclaimer:
This article is for informational and educational purposes only and does not constitute financial advice or a stock recommendation. Always consult with your financial advisor before making investment decisions.
