Table of Contents
When did SBI Last declare dividend?
State Bank of India
| Announcement Date | Ex-Date | Dividend Type |
|---|---|---|
| 21-05-2021 | 03-06-2021 | Final |
| 19-05-2017 | 26-05-2017 | Final |
| 16-05-2016 | 03-06-2016 | Final |
| 22-05-2015 | 28-05-2015 | Final |
Will SBI gives dividend in 2021?
In view of the abovementioned policy as well as the consolidated financial results for the six months ended September 30, 2021, announced today, and the recent condition of the stock market, the Company has decided its interim dividend to be JPY 30 per share for the current fiscal year, based on the record date of …
Does SBI declare dividend?
The central board of the bank has also declared a dividend of Rs. 4.00 per equity share for the financial year ended 31st March,2021, its first payout since May 2017, when it had rewarded shareholders with ₹2.6 per share. The date of payment of dividend is fixed on 18th June, 2021, the bank said.
How do banks provide dividends?
Banks remunerate their shareholders for the risks of holding bank equity through discretionary and variable dividend payouts, usually set annually by decision of a general meeting of shareholders, acting on a recommendation by the bank’s management.
Which bank pays highest dividend in India?
Dividend payout ratio:
| Company Name | Sector | Dividend Yield (\%)** |
|---|---|---|
| Indiabulls Housing Finance Ltd | Thrifts & Mortgage Finance | 4.1 |
| Infosys Ltd | IT Services | 2.9 |
| The Karnataka Bank Ltd | Banks | 3.8 |
| Power Finance Corp Ltd | Diversified Financial Services | 8.4 |
What is meant by record date for dividend?
The record date is the cut-off date used to determine which shareholders are entitled to a corporate dividend. The record date will usually be the day following the ex-dividend date, which is the trading date on (and after) which the dividend is not owed to a new buyer of the stock.
How can I claim my SBI dividend?
For the dividends declared from FY 2013-14 onwards, in order to claim your unclaimed dividends, before transfer to IEPF, please send cancelled cheque / first page of bank passbook or statement of your account verified by your banker along with a simple request letter to our RTA at below mentioned address, quoting your …
Does SBI share bonus?
Besides reducing governments minimum stake to 51\%, the SBI Amendment Bill, 2010, which has been passed by both houses of Parliament, enables SBI to issue bonus shares. Other public sector banks already enjoy this provision.