SBIN
State Bank of India
₹812.70
State Bank of India Dividend 2024 : Should State Bank of India be a part of your dividend portfolio?
State Bank of India is one of the most popular Financial Services company in the world with a market capitalisation of ₹6,90,050.99Cr. Its share price is ₹812.70 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, State Bank of India gave ₹11.30 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as State Bank of India pays dividends to reward its shareholders.
- In the quarter ending March 2023, State Bank of India has declared dividend of ₹11.30 - translating a dividend yield of 1.39%.
Let's look at State Bank of India’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- State Bank of India’s revenue were ₹1,53,071.64Cr in the quarter ending December 2023. The revenue grew by 20.32% year on year basis since last quarter.
- State Bank of India’s profits were ₹11,064.14Cr in the quarter ending December 2023. The profits fell by -28.51% year on year basis since last quarter.
- State Bank of India’s dividend was ₹11.30 in the quarter ending March 2023.
State Bank of India Dividend related ratios:
- Last dividend date: 19/05/2023
- Current Dividend Yield: 1.39%
- Annual dividend payment: ₹11.30
History of State Bank of India's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
31/05/2023 | CASH | ₹11.30 | 19/05/2023 | 31/05/2023 |
25/05/2022 | CASH | ₹7.10 | 13/05/2022 | 26/05/2022 |
03/06/2021 | CASH | ₹4 | 21/05/2021 | 04/06/2021 |
26/05/2017 | CASH | ₹2.60 | 19/05/2017 | 30/05/2017 |
03/06/2016 | CASH | ₹2.60 | 27/05/2016 | 07/06/2016 |
View More
