State Bank of India Dividend History & Latest Dividend 2026
State Bank of India last declared a final dividend of ₹17.35 per share on 8 May 2026. The ex-date was 15 May 2026 and the record date was 16 May 2026. Trailing 12-month dividend yield is 1.70% as of 6 November 2026.
Latest Dividend
₹17.35
FY2026 · Final
Declared On
8 May 2026
announcement date
Ex-Date
15 May 2026
last ex-dividend date
Record Date
16 May 2026
eligibility cutoff
TTM Yield
1.7%
as of 6 Nov 2026
State Bank of India Dividend History
19 dividends declared, newest first
| Announcement | Ex-Date | Record Date | Type | Dividend / Share | Adjusted Dividend / Share | Yield at Ex-Date |
|---|---|---|---|---|---|---|
| 8 May 2026 | 15 May 2026 | 16 May 2026 | Final | ₹17.35 | ₹17.35 | 1.80% |
| 3 May 2025 | 16 May 2025 | 16 May 2025 | Final | ₹15.90 | ₹15.90 | 2.01% |
| 9 May 2024 | 22 May 2024 | 22 May 2024 | Final | ₹13.70 | ₹13.70 | 1.67% |
| 19 May 2023 | 31 May 2023 | 31 May 2023 | Final | ₹11.30 | ₹11.30 | 1.95% |
| 13 May 2022 | 25 May 2022 | 26 May 2022 | Final | ₹7.10 | ₹7.10 | 1.56% |
| 21 May 2021 | 3 Jun 2021 | 4 Jun 2021 | Final | ₹4.00 | ₹4.00 | 0.91% |
| 19 May 2017 | 26 May 2017 | 30 May 2017 | Final | ₹2.60 | ₹2.60 | 0.90% |
| 27 May 2016 | 3 Jun 2016 | 7 Jun 2016 | Final | ₹2.60 | ₹2.60 | NA |
| 21 May 2015 | 28 May 2015 | 30 May 2015 | Final | ₹3.50 | ₹3.50 | NA |
| 23 May 2014 | 29 May 2014 | 31 May 2014 | Final | ₹15.00 | ₹1.50 | NA |
| 3 Mar 2014 | 11 Mar 2014 | 13 Mar 2014 | Interim | ₹15.00 | ₹1.50 | NA |
| 23 May 2013 | 28 May 2013 | 30 May 2013 | Final | ₹41.50 | ₹4.15 | NA |
| 18 May 2012 | 24 May 2012 | 26 May 2012 | Final | ₹35.00 | ₹3.50 | NA |
| 17 May 2011 | 20 May 2011 | 24 May 2011 | Final | ₹30.00 | ₹3.00 | NA |
| 14 May 2010 | 9 Jun 2010 | 11 Jun 2010 | Final | ₹20.00 | ₹2.00 | NA |
| 25 Jan 2010 | 5 Feb 2010 | 9 Feb 2010 | Interim | ₹10.00 | ₹1.00 | NA |
| 9 May 2009 | 10 Jun 2009 | 12 Jun 2009 | Final | ₹29.00 | ₹2.90 | NA |
| 2 May 2008 | 29 May 2008 | 2 Jun 2008 | Final | ₹21.50 | ₹2.15 | NA |
| 12 May 2007 | 13 Jun 2007 | 15 Jun 2007 | Final | ₹14.00 | ₹1.40 | NA |
Adjusted for stock split (face value ₹10 to ₹1) in Nov 2014. Adjusted Dividend / Share restates past payouts on today's share count, so figures before and after the change can be compared.
State Bank of India Dividend Summary
Based on dividends up to FY2026, adjusted for bonus issues and splits
Consecutive years paid
6
financial years, up to FY2026
5Y adjusted DPS CAGR
34.1%
FY2021 to FY2026
5Y total adjusted dividend
₹65.35
per share
Latest payout ratio
19%
FY2026 DPS ÷ EPS
Payout frequency
Annual
1 dividend in FY2026
Dividend per Share vs Earnings per Share
Adjusted dividend per share and EPS for each completed financial year, on one ₹ scale
| Financial Year | EPS | Adjusted DPS |
|---|---|---|
| FY2026 | ₹90.94 | ₹17.35 |
| FY2025 | ₹86.90 | ₹15.90 |
| FY2024 | ₹75.17 | ₹13.70 |
| FY2023 | ₹62.35 | ₹11.30 |
| FY2022 | ₹39.64 | ₹7.10 |
| FY2021 | NA | ₹4.00 |
How Much Dividend Would You Receive?
Gross amount at the latest dividend of ₹17.35 per share
Gross dividend
₹1,735.00
100 × ₹17.35 per share
Calculated at the latest declared dividend of ₹17.35 per share, before tax. Past dividends do not indicate future dividends.
About State Bank of India's Dividend Record
State Bank of India has paid a dividend in each of the last 6 financial years, up to FY2026. After adjusting for bonus issues and stock splits, dividend per share grew at a 5-year CAGR of 34.1% from FY2021 to FY2026. The total adjusted dividend over the five financial years up to FY2026 is ₹65.35 per share. The FY2026 payout ratio was 19%, based on earnings per share of ₹90.94. The trailing 12-month dividend yield is 1.70% as of 6 November 2026, based on dividends of ₹17.35 per share and a share price of ₹1,018.50.
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FAQs
What is the latest dividend declared by State Bank of India?
State Bank of India declared a final dividend of ₹17.35 per share on 8 May 2026, with a record date of 16 May 2026.
When will I receive the State Bank of India dividend?
Shareholders on record as of 16 May 2026 are eligible for the State Bank of India dividend. It is credited to the bank account linked to the shareholder's demat account.
What are the ex-dividend date and record date for State Bank of India?
The ex-date is 15 May 2026 and the record date is 16 May 2026. Under the T+1 settlement cycle, investors generally need to buy shares before the ex-date to be eligible for the dividend.
How often does State Bank of India pay a dividend?
State Bank of India has paid a dividend in each of the last 6 financial years, up to FY2026. In FY2026 its payout frequency was annual.
What is State Bank of India's dividend yield?
State Bank of India's trailing 12-month dividend yield is 1.70% as of 6 November 2026, based on ₹17.35 of dividends per share during the previous 12 months and a share price of ₹1,018.50.
Why are State Bank of India's older dividend per share figures adjusted?
Adjusted for stock split (face value ₹10 to ₹1) in Nov 2014. A bonus issue or stock split increases the number of shares, so dividends paid before it are restated on today's share count to make them comparable with later payouts.
How is the State Bank of India dividend taxed?
Dividends from State Bank of India are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from State Bank of India exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.
How can I check whether I received the State Bank of India dividend?
Check the bank account linked to your demat account for the dividend credit. Where applicable, tax deducted at source also appears in your Form 26AS and AIS.