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 set the record date for determining shareholder eligibility and confirmed the final payment schedule for investors.
Dividend Payout Details
The Central Board of the State Bank of India has officially approved a dividend payout of ₹17.35 per equity share of ₹1/- each, fully paid up, for the fiscal year concluding on March 31, 2026. This dividend announcement reflects a robust return to shareholders at a rate of 1735%.
Key Dates for Shareholders
To ensure investors are aware of the timeline for receiving these benefits, the bank has outlined the following critical dates:
- Record Date: The eligibility for receiving the dividend will be determined based on shareholding as of May 16, 2026.
- Book Closure: The register of shareholders will remain closed from May 17, 2026, to May 19, 2026 (inclusive of both dates).
- Payment Date: The dividend distribution is scheduled to be completed on June 4, 2026.
Impact on Investors
Investors holding the bank’s equity shares as of the record date will be entitled to the payout. The dividend distribution process is part of the bank’s commitment to returning value to its stakeholders following the conclusion of the 2025-26 financial year.
Source: BSE
