State Bank of India has announced a final dividend of ₹17.35 per equity share for the financial year ended March 31, 2026. This payout represents a 1735% dividend on the face value of the shares. The bank has established a clear timeline for the record date and payment, ensuring shareholders are informed of the upcoming distribution schedule.
Dividend Payout Details
Following a recent board meeting, State Bank of India has officially declared a dividend of ₹17.35 per share, corresponding to a 1735% payout for the financial year concluded on March 31, 2026. This decision reflects the bank’s commitment to delivering consistent value to its shareholders.
Key Dates for Shareholders
Investors should note the following critical dates to ensure their eligibility for the dividend payment:
- Record Date: The bank has set May 16, 2026, as the date to determine the eligibility of members for the dividend.
- Book Closure: The register of shareholders will remain closed from May 17, 2026, to May 19, 2026 (both days inclusive).
- Payment Date: The dividend distribution is scheduled to be completed on June 4, 2026.
Shareholders holding the bank’s equity shares as of the record date will be entitled to receive this dividend payout, provided their records are updated and compliant with the bank’s requirements during the closure period.
Source: BSE
