SBI dividend 2025: record date, ex-date, payout details

Dividend announced for FY2024-25

State Bank of India (NSE: SBIN) has declared a final dividend of ₹15.90 per equity share for the financial year ended March 31, 2025. The dividend is on shares with a face value of Re 1 each and is described as 1590% in the bank’s regulatory disclosure. For investors tracking cash returns from large public sector banks, the key dates matter because SBI has set the ex-dividend and record date on the same day. The announcement was made through an exchange filing linked to a meeting of the bank’s Central Board. In some market data tables, the dividend is shown as announced on May 5, 2025, while the regulatory filing narrative references May 3, 2025. Regardless of the database date stamp, the operational timeline for eligibility is clear from the stated record date and payment date.

Key dates: record date, ex-dividend date, payment date

SBI has fixed Friday, May 16, 2025 as the record date to determine eligible shareholders. The ex-dividend date is also May 16, 2025, as shown across multiple dividend trackers included in the source material. The bank has fixed May 30, 2025 as the dividend payment date. Investors who want the dividend need to hold the shares on or before the record date, as per the eligibility guidance stated alongside the dates. Purchases made on or after the ex-dividend date will not carry dividend entitlement for this payout.

Who is eligible and how entitlement works

Registered shareholders who own SBI shares on or before May 16, 2025 are eligible to receive the dividend. The record date is the cut-off used by the company to identify shareholders entitled to the dividend payment. With the ex-dividend date matching the record date, timing becomes especially important for anyone planning entry around the dividend. The provided guidance states that if you buy the shares on or after May 16, 2025, you will not be entitled to the payout for this dividend cycle. This is consistent with standard exchange settlement mechanics, but investors should still align their trade timing with exchange rules and broker confirmations.

When the money may hit your account

SBI has fixed May 30, 2025 as the dividend payment date in its regulatory filing. Separately, the investor guidance included in the source material says shareholders can expect the dividend credit in the bank account linked to their Demat account within 25 to 45 business days after the record date. These two statements can coexist because corporate action processing can differ by intermediary, even when a payment date is specified. For most retail investors, the practical takeaway is to ensure bank and Demat details are updated and consistent so credits do not get delayed.

Register of members closure window

Alongside the record date, SBI also disclosed that its register of members will be closed for dividend payment processing. The stated closure period is from May 17, 2025 (Saturday) to May 19, 2025 (Monday), both days inclusive. This disclosure is referenced under the State Bank of India General Regulations, 1955, and is linked to the dividend for FY2024-25. Such register closure is a procedural step for finalising eligible holders. For investors, it reinforces that the record date is the key eligibility marker.

What the declared dividend means per share

The dividend declared is ₹15.90 per equity share. The filing explanation states that every eligible shareholder will receive ₹15.90 for each equity share they own. The dividend is described as a final dividend for the year ended March 31, 2025. Some dividend summary pages also list SBI’s annual dividend as ₹15.90 per share and show a dividend yield of 1.98%, with a payout frequency of once per year. Those metrics are presented as part of the dividend snapshot in the source text and are not a forecast.

SBI dividend history: last four years in context

The source material includes a table of recent final dividends and key dates, showing a steady rise over the last four financial years listed. For FY2023-24, SBI declared a final dividend of ₹13.70 per share with an ex-dividend date of May 22, 2024. For FY2022-23, the final dividend was ₹11.30 per share with an ex-dividend date of May 31, 2023. For FY2021-22, the final dividend was ₹7.10 per share, with ex-dividend and record dates shown around late May 2022 across the tables provided. For FY2020-21, the cash dividend listed is ₹4.00 per share with early June 2021 dates.

Market check: where SBIN was trading

A market update included in the source text noted SBI shares were trading in the red around ₹790, down roughly 1.2% to 2% at that time. Another line in the Hindi excerpt stated the stock closed near ₹800 with about a 1% rise on the prior Friday. These price references provide context but do not change dividend eligibility, which depends on ex-date and record date. Investors typically watch such moves because dividend announcements can coincide with broader market reactions to results and guidance.

Summary table of the latest dividend and key dates

Why this update matters for investors

For income-focused shareholders, the key practical point is that May 16, 2025 is both the record date and ex-dividend date, leaving little room for timing errors. The bank has also provided a clear payment date of May 30, 2025, which helps investors track expected cash flows. The ₹15.90 per share payout is also higher than the immediately preceding final dividends shown in the history tables (₹13.70 in FY2023-24 and ₹11.30 in FY2022-23). Dividend yield and frequency data in the source indicates the payout is annual, with a stated yield figure of 1.98% tied to the declared annual dividend amount.

Conclusion

SBI’s final dividend for FY2024-25 is set at ₹15.90 per share, with May 16, 2025 marked as both the ex-dividend and record date and May 30, 2025 as the payment date. Shareholders must be on the company’s books by the record date to receive the payout. The bank’s disclosure of a short register-closure window from May 17 to May 19 adds procedural clarity around the corporate action. Investors tracking SBI’s cash returns can also compare the payout with the recent dividend history tables provided, which show a step-up over the last few years.