SBI dividend: India’s largest lender, State Bank of India (SBI), announced a dividend of ₹17.35 per share along with its financial results for the fourth quarter of fiscal 2025-26 (FY26) on Friday, 8 May.
SBI has fixed the record date for determining the eligibility of members entitled to receive the dividend on equity shares as 16 May, while the payment date has been set as 4 June.
“Pursuant to Regulation 30 (6) and Regulation 43 (1) of SEBI (LODR) Regulations, 2015, the Central Board of the Bank has declared a Dividend of ₹ 17.35 per equity share (1735%) for the financial year ended 31.03.2026. The record date for determining the eligibility of members entitled to receive dividend on equity shares is 16.05.2026 and dividend payment date is 04.06.2026,” SBI said in an exchange filing.
SBI dividend history
In the last 12 months, SBI has announced equity dividend amounting to ₹15.90 per share, according to Trendlyne data. At the prevailing prices, SBI’s dividend yield is just 1.47%.
The last dividend was announced by the company in May 2025. Since 2001, the PSU stock has declared dividends 24 times, consistently rewarding its shareholders.
SBI Q4 Results
Meanwhile, the PSU bank reported a 5.6% year-on-year (YoY) increase in its standalone net profit for the quarter under review to ₹19,683.75 crore. Meanwhile, the net interest income (NII), or core lending income, was up 4.1% at ₹44,380 crore in the January-March quarter.
While credit momentum remained strong during the quarter, rising bond yields weighed on treasury income at Indian lenders as higher yields reduced the value of banks’ bond holdings, according to a Reuters report. SBI’s income from treasury operations fell to ₹12,59 crore from ₹8991 crore a year earlier.
Meanwhile, margins declined by 21 bps YoY to 2.93% from 3.14% a year ago.
For the full financial year, SBI posted its highest-ever net profit at ₹80,032 crore, witnessing a growth of 12.88% YoY. Meanwhile, operating profit for the full year grew by 11.25% YoY to ₹1,23,015 crore.
NII was up by 4.08% YoY, with whole Bank and Domestic NIM for FY26 at 2.91% and 3.03% respectively.
Following the earnings announcement, SBI shares came under intense selling pressure, crashing over 7% to ₹1,011.30 apiece.
Disclaimer: This story is for educational purposes only. We advise investors to check with certified experts before making any investment decisions.
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