HDFC Bank is going to turn ex-bonus for the first time in August for a bonus issue ratio of 1:1. The hype for HDFC Bank’s upcoming bonus has kept the stock price in green throughout 2025. But did you know, HDFC Bank is also among the crorepati-making stocks, giving all-time returns by more than 58,000%.
Besides the bonus, HDFC Bank holds a strong record of stock splits and dividend payouts. Should you buy the stock before its ex-date?
HDFC Bank Share Price:
Last week, on August 1st, the stock price closed at Rs 2012.25 apiece, down marginally by 0.32% on BSE with market capitalisation of Rs 15,44,025.62 crore.
Despite the latest fall, HDFC Bank’s weekly performance is in green. Its month-on-month gains are about 1.3%. While its six-monthly performance is nearly 20% up. Year-to-date, the large-cap has zoomed by nearly 13% as of now.
In the long term, HDFC Bank’s gains are double-to-triple digit. In 5 5-year timeframe, the heavyweight advanced by a whopping 93%. But, its all-time gains are breathtaking by 58,566.18% on BSE. Once upon a time, HDFC Bank’s shares were merely at Rs 3.43 per share on the BSE on April 5, 1996. The prices are adjusted for splits and dividends.
This makes long-term investors rich in HDFC Bank shares. If investors have held the shares all the way from 1996, then they are most likely lakhpati to crorepati. Let’s check out how!
Rs 10,000 Investment Becomes Rs 58.7 Lakh
If an investor bought HDFC Bank shares with Rs 10,000 on April 5, 1996. Then, at 58,566.18% all-time gains, their corpus will be around Rs 58,66,618 as of now.
Rs 15,000 Investment Becomes Rs 88 lakh.
If investors pumped in Rs 15,000 in the bank’s stocks, then with a 58,566.18% all-time surge, their corpus will come around Rs 87,99,927.
Rs 25,000 Investment Becomes Rs 1.46 Crore
For those investors who infused Rs 25,000 in HDFC Bank shares on April 5, 1996. Their gains will be at Rs 1,46,41,545 or Rs 1.464 crore at 58,566.18% surge in the stock. The total corpus will be around Rs 1,46,66,545 or Rs 1.466 crore.
These gains exclude stock splits or dividend adjustments. Also, it needs to be noted that the gains vary from investor to investor and depend on their investment value. This is just an example.
HDFC Bank Dividends:
The lender has declared a special interim dividend of Rs. 5 per equity share of Re. 1/- each fully paid up (i.e. 500%), for the FY 2025-26. The record date for determining the eligibility of Members entitled to receive the said Special Interim Dividend is Friday, July 25, 2025. The Special Interim Divided shall be paid to the eligible Members on Monday, August 11, 2025.
Since April 2003, the lender has rewarded investors with 25 dividends, as per Trendlyne data. In the past 12 months, the lender delivered about Rs 27 dividend per share. Its current dividend yield is around 1.34%.
HDFC Bank Stock Split:
HDFC Bank’s shares have split twice in its history. The first stock split was of 1:5 ratio in July 2011, where the face value was split to Rs 2 each from Rs 10 each.
The second stock split was in September 2019, in the ratio of 1:2, where the face value was cut to Re 1 each from Rs 2 each.
HDFC Bank Bonus Issue:
The next big reward by HDFC Bank is its first ever bonus issues. The largest bank has declared its first ever bonus issue of 1:1 i.e. 1 (One) equity share of Re. 1/- each for every 1 (One) fully paid-up equity share of Re. 1/- each held by the Members of the Bank as on the Record Date (mentioned below), subject to statutory and regulatory approvals.
The record date and ex-date for bonus issue is fixed on August 26, 2025.
In total, the bank is looking to allot 766,79,13,646 equity shares as bonus, amounting to Rs. 766,79,13,646/-.
The bank plans to complete its bonus issue action within 2 (two) months from the date of approval by the Board of Directors i.e., on or before September 18, 2025.
Should You Buy HDFC Bank shares?
In its latest report, analysts at Motilal Oswal said, “HDFCB deftly maneuvered its business growth in FY25 while maintaining a healthy pace of liability accretion amid a challenging environment. Business growth aligns with the bank’s strategy of reducing the C/D ratio consistently, though the bank indicated it would improve its credit growth trajectory moving forward. It has been delivering a resilient performance on asset quality, supported by its robust underwriting and strong understanding of market cycles. In FY25, margins stood in a narrow range, aided by improving asset mix and retirement of high-cost borrowings, though the CASA mix remained under pressure.”
Analysts added, “While margins are likely to remain soft in the near term due to continued loan repricing, we expect NIMs to recover gradually from 2H onward. Accordingly, a recovery in NIM and loan growth would drive healthy earnings. The bank holds a healthy pool of provisions (floating + contingent) at INR366b or 1.4% of loans. We estimate HDFCB to deliver FY27E RoA/RoE of 1.9%/14.9%. Reiterate BUY with a TP of INR2,300 (2.6x FY27E ABV + INR283 for subsidiaries).”