BSEHighPositive
Announced Sat, 3 May · 15:57 IST
Record date for dividend
Corporate Actions View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
State Bank of India (SBIN) has declared a dividend of ₹15.90 per equity share on a face value of ₹1 (i.e., 1590%) for the financial year ended March 31, 2025. The Central Board approved this at its meeting held on May 3, 2025. The record date to identify eligible shareholders is Friday, May 16, 2025, and the register of members will remain closed from May 17 to May 19, 2025. The actual dividend payment date is set as May 30, 2025.
Likely market impact
Investors holding SBIN shares on or before the May 16, 2025 record date will be entitled to receive the dividend. The declaration is a positive signal for income-focused investors and may lend short-term support to the stock price around the ex-date.