12 Best International Dividend Stocks To Buy Now

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8. HDFC Bank Limited (NYSE:HDB)

Dividend Yield as of February 11: 1.18%

Number of Hedge Fund Holders: 41

HDFC Bank Limited (NYSE:HDB) is an Indian banking and financial services company that operates in three segments – Treasury, Retail Banking, and Wholesale Banking. The company offers deposit accounts, loans, credit facilities, debit and credit cards, investment and insurance products, and digital banking services. HDFC Bank Limited (NYSE:HDB) has opened over 1000 branches in 2024. Consequently, cost growth increased by 7% year-over-year, but productivity improvements helped keep expenses under control.

HDFC Bank Limited (NYSE:HDB) reported consolidated net revenue of ₹652.8 billion for Q3 FY25, with a profit after tax (PAT) of ₹176.6 billion. For the nine months ending December 31, 2024, PAT was ₹519.6 billion. Earnings per share for the quarter stood at ₹23.1, and the bank paid ₹17.9 billion in dividends. It is one of the best dividend stocks to monitor for a diversified portfolio.

According to Insider Monkey’s third-quarter data, 41 hedge funds were bullish on HDFC Bank Limited (NYSE:HDB), compared to 40 funds in the last quarter. Rajiv Jain’s GQG Partners was the biggest stakeholder in the company, with 4.5 million shares valued at $282.7 million.

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