HDFC Life Insurance Dividend: Last Day To Buy Shares To Qualify — Details Here
HDFC Life's board had announced a dividend of Rs 2.10 per equity share.
Shares of HDFC Life Insurance Co. were in focus on Thursday, as the day marks the last session for investors to buy shares to qualify for receiving dividend before the stock goes ex/record-date.
The record date determines the eligible shareholders who will receive the dividend payment. The ex-dividend date, which mostly coincides with the record date, marks when the share price adjusts to reflect the upcoming payout.
HDFC Life's board had announced a dividend of Rs 2.10 per equity share of face value of Rs 10 each for financial year 2025. The payment of final dividend will be made on or after July 21, 2025, subject to deduction of tax at source at applicable rate, according to an exchange filing.
The record date to determine the shareholders eligible for the dividend payout has been fixed as June 20.
Given India's T+1 settlement cycle, shares purchased on the record date (June 20 in this case) will not be eligible for the dividend payment. Therefore, investors who own shares by June 19 will be the beneficiaries.
HDFC Life Insurance Q4 Highlights
HDFC Life Insurance Co.'s standalone net profit rose 15.8% year-on-year in the January–March quarter, which was in line with analysts' estimates.
The insurer posted a bottomline of Rs 477 crore in the quarter ended March 31, 2025. That compares with a consensus estimate of Rs 492 crore by analysts polled by Bloomberg. In the year-ago period, the company posted a net profit of Rs 412 crore.
The net premium income during the quarter under review climbed 16% year-on-year to Rs 23,766 crore, compared to Rs 20,488 crore in the corresponding quarter of the previous fiscal.
