SBI Dividend 2025 — Amount, Record Date, Payment Date And More

Shares of the State Bank of India Ltd. remain in focus on Wednesday ahead of the record date for the final dividend for FY 2024-25. Earlier this month, the largest public sector lender announced a final dividend of 1590% for FY25, while releasing its earnings report on May 3.

The PSU bank stock marginally rallied by 0.71% to hit an intraday high of Rs 807.5 apiece on the NSE in morning trade on May 14, ahead of the record date for final dividend.

In the exchange filing, SBI said that its Central Board has declared a dividend of Rs 15.9 per equity share for FY25.

"We advise that the Central Board of the Bank, at its meeting held today, has declared a dividend of Rs 15.90 per equity share of Rs 1 each fully paid up (i.e., 1590%) for the year ended 31.03.2025," SBI said in the filing. 

The record date for determining the eligibility of members for receiving the dividend on equity shares is May 16.

According to the stock exchange filing, the payment date for the dividend has been fixed as May 30.

SBI reported an 8.2% year-on-year decline in its consolidated net profit to Rs 19,941.39 crore in Q4 FY25 from Rs 21,736.47 crore in Q4 FY24. Interest earned rose 8.1% YoY to Rs 1,26,997 crore in Q4 FY25 from Rs 1,17,469.38 crore in the year-ago period. Total income rose 8.9% year-on-year to Rs 1,79,562.32 crore in Q4 FY25 from Rs 1,64,914.36 crore in Q4 FY24.

Total expenditure advanced 8.62% YoY to Rs 1,45,195.98 crore in Q4 FY25 from Rs 1,33,670.97 crore in Q4 FY24. Operating profit grew 10% YoY to Rs 34,366.34 crore in the March quarter from Rs 31,243.39 crore in the same period a year ago.

In 2024, SBI announced a final dividend of Rs 13.70 with an ex-date of May 22. Before that, it had announced final dividends of Rs 11.3 and Rs 7.1 in 2023 and 2022, respectively. In 2021, it announced a final dividend of Rs 4 per share.

Shares of SBI were trading 0.44% higher at Rs 805.25 apiece on the NSE at 10:40 a.m. on Wednesday, compared to a 0.59% rise in the benchmark Nifty 50 to 24,724.55.