HDFC Life shares trade ex-dividend today

HDFC Life dividend 2023, HDFC Life price NSE: Shares of HDFC Life Insurance Company — an insurance company — traded ex-dividend on Friday, June 16. HDFC Life Insurance Company Ltd, NSE: HDFCLIFE shares opened at Rs 577.8, down from the previous close of Rs 578.15 on NSE after dividend adjustments. HDFC Life shares on Friday finished up 5.89 per cent at Rs 610.2 apiece on NSE.

Last month, HDFC Life approved the payment of a Rs 1.90 final dividend per equity share of the face value of Rs 10 each for FY23 to its shareholders. "Recommended final dividend of Rs 1.90/‐ per equity share of face value Rs 10 each for the financial year 2022‐23, subject to the approval of the Shareholders at the ensuing Annual General Meeting  (AGM)," the company's filing said.

HDFC Life dividend 2023 record date 

The record date for the purpose of ascertaining the entitlement of the shareholders to the final dividend of Rs 1.90 per share has also been fixed as June 16. 

HDFC Life dividend 2023 payment date

The payment of the final dividend is subject to approval by the member at the ensuing AGM and also subject to deduction of tax at source will be paid on or after July 26, as per the regulatory filing.

HDFC Life dividend history

Source: NSE

HDFC Life dividend share price history

HDFC Life's stock has given a positive return of over a per cent in the last 12 months (from June 16, 2022). In comparison, the headline index Nifty 50 has rallied nearly 22 per cent.

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