State Bank Of India has informed the Exchange that Record date for the purpose of Dividend is 16-May-2025.
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State Bank of India has declared a dividend of ₹15.90 per equity share (face value ₹1), which translates to 1590% for the financial year ended 31 March 2025. The Central Board approved this dividend at a meeting held on 3 May 2025. The record date to identify eligible shareholders is fixed as 16 May 2025 (Friday), and the register of members will be closed from 17 May to 19 May 2025. The actual dividend payment is scheduled for 30 May 2025. Investors must hold SBI shares in their demat accounts by 16 May 2025 to be eligible for the dividend.
At SBI's current market price of around ₹820, this dividend offers an approximate yield of ~1.9%, which is modest but signals continued profitability and shareholder rewards from India's largest public-sector bank.