State Bank of India has informed the Exchange that Record date for the purpose of Dividend is 16-May-2026.
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On the reaction day the stock moved 2.7 pts less than Nifty 100 and 2.6 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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State Bank of India has declared a dividend of ₹17.35 per equity share of ₹1 face value (1735%) for the year ended 31.03.2026. The record date for determining shareholder eligibility to receive this dividend is 16.05.2026. The share register will be closed from 17.05.2026 to 19.05.2026, and the actual dividend payment to eligible shareholders is scheduled for 04.06.2026. This is a standard dividend declaration by the Central Board of the Bank.
This is a positive signal for shareholders as SBI has declared a substantial dividend. Investors who hold the stock by the record date of 16th May 2026 will be eligible to receive the dividend on 4th June 2026. The high dividend per share indicates strong financial performance for FY 2025-26.