SBIN

State Bank of India

₹729.70

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 ₹6,48,641.38Cr. Its share price is ₹729.70 as on 20 February,2025.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 3.43%.

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 ₹1,67,853.57Cr in the quarter ending December 2024. The revenue grew by 9.66% year on year basis since last quarter.
State Bank of India’s profits were ₹18,853.16Cr in the quarter ending December 2024. The profits grew by 70.4% 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: 3.43%
Annual dividend payment: ₹25

History of State Bank of India's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD 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