Record date 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), which works out to 1590% for the financial year ended 31 March 2025. This is higher than the ₹13.70 per share dividend paid for the previous year, showing an increase of about 16%. The record date to identify eligible shareholders is Friday, 16 May 2025, and the share register will be closed from 17 to 19 May 2025. The actual dividend payment to shareholders is scheduled for 30 May 2025.
Shareholders who hold SBIN shares on or before 16 May 2025 will receive the dividend on 30 May 2025. The higher-than-prior-year dividend is a mildly positive signal for income-focused investors, though the stock price may adjust downward by roughly the dividend amount on the ex-record date.