Introduction to Dividend Declaration
The State Bank of India (SBI) has recently announced an important update regarding its financial performance for the fiscal year 2024-25. During the Annual General Meeting (AGM) held on May 3, 2025, the bank declared a dividend of Rs. 15.90 per equity share. This is a significant development for shareholders and investors alike, as it highlights the bank’s commitment to rewarding its investors amidst its ongoing operations.
Details of the Dividend Declaration
The declared dividend of Rs. 15.90 is applicable to each equity share having a face value of Re. 1. Such announcements usually reflect the bank’s profitability and overall financial health. The record date for the payment of this dividend has been fixed for May 16, 2025. Shareholders on this date will be eligible to receive their dividend payouts.
Payment Timeline and Conclusion
The anticipated date for the payment of the dividend is set for May 30, 2025. This timeline gives shareholders a clear understanding of when they can expect to receive their returns. Overall, the dividend declaration by SBI demonstrates its sustained performance and the bank’s strategic approach to rewarding its shareholders. Investors are encouraged to stay informed about further developments and evaluate the implications for their portfolios.
Dividend Yield
The bank maintain solid dividend yield. This year also SBI payout is 2.07%, where as Industry Median 1.16%. Dividend yields are a crucial metric for investors always looking for consistent revenue streams. Investors often seek stocks that offer a solid dividend yield, as it can provide a steady income in addition to potential capital appreciation. Furthermore, consistent dividend payments can enhance investor confidence, signaling that the bank is thriving despite market uncertainties. A solid dividend yield not only reflects a company’s financial health but also indicates its commitment to returning profits to shareholders. State Bank of India (SBI) and its performance in the context of dividend payouts.
| Ex-Dividend Date | Dividend | Payment Date | Yield |
| May 16, 2025 | 15.90 | May 30, 2025 | 2.07% |
| May 22, 2024 | 13.70 | Jun 05, 2024 | 1.65% |
| May 31, 2023 | 11.30 | Jun 14, 2023 | 1.91% |
| May 25, 2022 | 7.10 | Jun 10, 2022 | 1.54% |
| Jun 03, 2021 | 4.00 | Jun 18, 2021 | 0.91% |
| May 26, 2017 | 2.60 | Jun 16, 2017 | 0.90% |
| Jun 03, 2016 | 2.60 | Jun 22, 2016 | 1.30% |
| May 28, 2015 | 3.50 | Jun 18, 2015 | 1.25% |
| May 29, 2014 | 15.00 | Jun 19, 2014 | 1.15% |
