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State Bank of India ( (IN:SBIN) ) has issued an announcement.
State Bank of India’s Central Board has declared a dividend of ₹17.35 per fully paid equity share of ₹1 for the financial year ended March 31, 2026, signaling robust financial performance and a continued commitment to shareholder returns. The bank has set May 16, 2026 as the record date to determine eligible shareholders, will close its share register from May 17 to May 19, 2026 for dividend purposes, and plans to pay the dividend on June 4, 2026, providing clarity to investors on key timelines and reinforcing transparency in its capital allocation policies.
More about State Bank of India
State Bank of India (SBI) is India’s largest public sector bank, providing a broad range of banking and financial services including retail and corporate lending, deposit products, and investment services. With a dominant domestic presence and listings on major Indian exchanges, SBI plays a pivotal role in the country’s financial system and capital markets.
Average Trading Volume: 1,211,695
Technical Sentiment Signal: Strong Buy
Current Market Cap: 10078B INR
See more insights into SBIN stock on TipRanks’ Stock Analysis page.