SBIN
State Bank of India
₹804.25
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 ₹7,17,584.07Cr. Its share price is ₹804.25 as on 16 November,2024.
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 3.11%.
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 ₹1,63,802.38Cr in the quarter ending September 2024. The revenue grew by 13.55% year on year basis since last quarter.
- State Bank of India’s profits were ₹19,782.76Cr in the quarter ending September 2024. The profits grew by 22.88% 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: 3.11%
- 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 |
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