SBI dividend record date, payment date fixed; bank to turn ex-dividend stock soon

SBI has fixed the dividend payment record date and dividend payment date. 

New Delhi: State Bank of India (SBI) has fixed the dividend payment record date and dividend payment date. Shareholders of the lender will receive the dividend in their linked bank accounts. SBI’s Central Board meeting held on May 13, 2022, decided on a dividend of Rs 7.10 per equity of 710 per cent for the financial year 2021-22. 

"Pursuant to Regulation 43 and Regulation 30 (6), we advise that the Central Board of the Bank, at its Meeting held on 13th May, 2022, has declared a Dividend of Rs. 7.10 per equity share (710 %) for the financial year ended 31't March, 2022,” SBI said 

“The date of payment of Dividend is fixed on 10th June, 2022 and the dividend warrants will be dispatched before the date of payment, which will be payable, in India, at par at all branches of State Bank of India, irrespective of the amount," the lender added.

SBI Record Date for Dividend Payment 

SBI has fixed the record date for dividend payment on 26th May 2022.