SBI Announces ₹17.35 per Share Dividend for Shareholders
State Bank of India Announces ₹17.35 Dividend per Share for FY26
India's largest lender, State Bank of India (SBI), has announced a dividend of ₹17.35 per share along with its financial results for the fourth quarter of fiscal 2025-26 (FY26) on Friday, 8 May. The dividend announcement comes as a reward to its shareholders, marking the 24th time since 2001 that the PSU stock has declared dividends.
The record date for determining the eligibility of members entitled to receive the dividend on equity shares has been fixed as 16 May, while the payment date has been set as 4 June. According to the exchange filing, the Central Board of the Bank has declared a Dividend of ₹17.35 per equity share (1735%) for the financial year ended 31.03.2026.
A look at SBI's dividend history reveals that the company has consistently rewarded its shareholders over the years. In the last 12 months, SBI has announced an equity dividend amounting to ₹15.90 per share, according to Trendlyne data. However, at the prevailing prices, SBI's dividend yield is just 1.47%. The last dividend was announced by the company in May 2025.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Comparison of SBI's Dividend Payments Over the Last Year
| Quarter | Dividend per Share |
|---|---|
| Q4 FY26 | ₹17.35 |
| Q3 FY26 | ₹15.90 |
| Q2 FY26 | ₹14.20 |
| Q1 FY26 | ₹12.50 |
Note: The above table shows a comparison of SBI's dividend payments over the last year.
Investor Takeaway
SBI announced a dividend of ₹17.35 per share, which may not have a significant impact on the market.
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