The State Bank of India has announced a dividend of ₹17.35 per equity share of ₹1/- each, representing a 1735% payout for the financial year ended March 31, 2026. The bank has set May 16, 2026, as the record date to determine eligibility for shareholders. Payout of the declared dividend is scheduled to take place on June 4, 2026.
Dividend Declaration Details
Following its recent board meeting, the State Bank of India has confirmed a dividend payout for its shareholders for the financial year 2025-26. Investors are set to receive ₹17.35 for every equity share held, reflecting a substantial 1735% dividend on the face value of ₹1/- per share.
Key Dates for Shareholders
To ensure proper processing of the dividend distribution, the bank has established a clear timeline for stakeholders:
- Record Date: Eligibility for the dividend will be determined based on the company records as of May 16, 2026.
- Register Closure: The register of shareholders will remain closed from May 17, 2026, to May 19, 2026, inclusive of both dates.
- Payment Date: The final disbursement of the dividend is scheduled for June 4, 2026.
Shareholders are advised to note these dates to ensure their details are updated in the bank’s records to facilitate a seamless receipt of the dividend.
Source: BSE
