Book Closure for dividend
Awaiting price reaction for this filing.
State Bank of India has declared a dividend of ₹15.90 per equity share (face value ₹1) for the financial year ended 31 March 2025, which translates to a 1590% payout. The record date to identify eligible shareholders is set for Friday, 16 May 2025, and the shareholder register will be closed from 17 May to 19 May 2025. The dividend is scheduled to be paid out on 30 May 2025. The dividend represents an increase from the previous year's ₹13.70 per share, marking a healthy rise in shareholder payouts.
Shareholders holding SBI shares as of 16 May 2025 will receive ₹15.90 per share as dividend on 30 May 2025. The higher dividend signals strong profitability and confidence, which is generally supportive for the stock price near the record date.