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State Bank of India

₹821

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 ₹7,32,576.77Cr. Its share price is ₹821 as on 20 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, State Bank of India gave ₹25 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 2024, State Bank of India has declared dividend of ₹13.70 - translating a dividend yield of 3.05%.

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 ₹1,64,914.36Cr in the quarter ending March 2024. The revenue grew by 20.51% year on year basis since last quarter.
  • State Bank of India’s profits were ₹21,384.15Cr in the quarter ending March 2024. The profits grew by 18.18% year on year basis since last quarter.
  • State Bank of India’s dividend was ₹13.70 in the quarter ending March 2024.

State Bank of India Dividend related ratios:

  • Last dividend date: 09/05/2024
  • Current Dividend Yield: 3.05%
  • Annual dividend payment: ₹25

State Bank of India Dividend v/s State Bank of India Share price

History of State Bank of India's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
22/05/2024
CASH
₹13.70
09/05/2024
22/05/2024
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
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FAQs

State Bank of India current market price is ₹821 per share

State Bank of India has declared dividend worth ₹13.70 in the last year.

State Bank of India has declared dividend worth ₹13.70 in the latest quarter.

State Bank of India has declared dividend on 09/05/2024 of ₹13.70.

State Bank of India has declared dividend 1 times of ₹13.70 in the current financial year (FY2024-2025)

State Bank of India has declared dividend 1 times of ₹11.30 in the previous financial year (FY2023-2024)