SBI Cards and Payment Services Limited has informed the Exchange regarding 'Information on Interim Dividend - FY 2025-26'.
SBICARD · price
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On the reaction day the stock moved 1.8 pts more than Nifty Midcap 150 and 1.7 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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SBI Cards' Board has declared an interim dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10) for FY 2025-26. The record date to identify eligible shareholders is Wednesday, March 11, 2026. The dividend will be paid only electronically, so shareholders must ensure their bank and KYC details are updated with their depository or the company's RTA (MUFG Intime India). The Board meeting was held on March 5, 2026.
Shareholders holding shares as of March 11, 2026 will receive a modest interim payout of Rs. 2.50 per share. The dividend amount is relatively small compared to the share price, so the direct stock price impact is likely limited, but it signals the company is generating enough surplus to reward shareholders mid-year.