SBI Announces ₹17.35 Dividend per Share After Strong Q4 Profit Growth; Record Date Set for May 16
IIE DIGITAL DESK : State Bank of India (SBI), the country’s largest public sector bank, has announced its financial results for the final quarter of the last fiscal year, reporting a strong rise in net profit along with a dividend declaration for shareholders.
The financial statement released on Friday, SBI’s net profit for the January–March quarter stood at ₹19,683 crore, marking a 5.6 percent increase compared to the same period last year. The bank also reported growth in net interest income, which rose by 4.1 percent year-on-year to ₹44,380 crore, reflecting steady core banking performance.
Alongside the quarterly results, SBI announced a dividend of ₹17.35 per share for its shareholders. The record date for eligibility has been fixed as May 16, meaning only those investors holding SBI shares in their portfolio on that date will be eligible to receive the dividend payout.
For example, an investor holding 100 SBI shares as of the record date would receive a total dividend of ₹1,735. The dividend amount is scheduled to be credited to shareholders’ bank accounts on June 4, according to the announcement.
This is not the first time SBI has rewarded its investors with dividends. The bank has maintained a consistent dividend payout history and had last declared a dividend in May 2025. Since 2011, SBI has distributed dividends 24 times, highlighting its long-standing track record of shareholder returns.
The full fiscal year 2025–26, SBI reported a net profit of ₹80,032 crore, representing a 12.88 percent increase over the previous financial year. The bank’s operating profit also showed strong growth, rising by 11.25 percent to ₹1,23,015 crore during the same period.
Analysts view SBI’s performance as a reflection of strong credit growth, improved asset quality, and sustained momentum in core banking operations, making it one of the most stable performers in India’s banking sector.
The latest results reinforce SBI’s position as a key driver of the Indian banking industry, with consistent profitability and regular dividend payouts continuing to attract long-term investors.
You might also like!
