SBI Life Declares Interim Dividend of ₹2.7, Stock Price Grows by 1.5%

SBI Life Insurance Company Share Price Edges Higher on Interim Dividend Announcement

Market Update

On February 26, SBI Life Insurance Company's share price rose around 1.5% in early trade following the announcement of an interim dividend for shareholders on February 25. The stock was trading nearly 1% higher at ₹2,094 apiece on the NSE, with a day high of ₹2,098 and a day low of ₹2,075.6.

Interim Dividend Details

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The life insurer declared an interim dividend of ₹2.7 per share for FY26, payable on a face value of ₹10 per share. The dividend will be paid to shareholders whose names appear in the company's register of members, with March 6 fixed as the record date. The dividend payout is scheduled to be completed on or before Friday, March 27, 2026.

Dividend and Shareholder Return

A dividend is a portion of a company's profits distributed to its shareholders as a reward for holding the stock. For investors, dividends provide regular income in addition to any gains from share price appreciation. The record date is the cut-off date set by a company to determine which shareholders are eligible to receive a dividend.

SBI Life Share Performance

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The life insurance stock has delivered a largely flat return of about 2.8% on a year-to-date basis. However, the stock has given positive returns in recent months, adding 4.5% in the last 1 month and 15% in 6 months. The stock has also given multibagger returns in the last 5 years, rallying 141%.

SBI Life Q3 Earnings

SBI Life reported a steady performance in the third quarter of FY26, with net profit rising 5% year-on-year to ₹577 crore. Net premium income increased sharply to ₹30,245 crore, registering a 22% YoY growth. Assets under management (AUM) stood at ₹5.11 lakh crore as of December 31, 2025, marking a 16% YoY increase.