1735% Dividend Announced: SBI declares Rs 17.35 dividend for FY26; Check record date and other details here

State Bank of India, the country’s largest lender, reported mixed March quarter results on Friday with performance coming in uneven against Street expectations as stock plunged over 3%.
1735% Dividend Announced: SBI declares Rs 17.35 dividend for FY26; Check record date and other details here
SBI declares Rs 17.35 dividend for FY26; record date, payment date and other details here.

SBI Dividend Announcement: State Bank of India has announced a final dividend of Rs 17.35 per equity share for the financial year ended March 31, 2026.

The dividend declaration was approved by the Central Board of the bank in accordance with Regulation 30(6) and Regulation 43(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The declared dividend represents a payout of 1,735 per cent on the face value of Re 1 per equity share.

Record date fixed for dividend eligibility

SBI has fixed May 16, 2026 as the record date for determining the eligibility of shareholders entitled to receive the dividend.

Investors holding shares of the bank as of the record date will qualify for the dividend payout.

Dividend payment date announced

The country’s largest public sector lender said the dividend payment will be made on June 4, 2026.

The dividend announcement comes after the bank reported its financial results for FY26 and reflects continued focus on shareholder returns amid stable operational performance.

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