SBI Cards Dividend: NBFC Issues Record Date, Shares Fall

SBI Cards and Payment Services shares today witnessed decline of 1.23% on Bombay Stock Exchange (BSE) as Sensex crashed 751.98 points to 75,541 at the time of writing the story. SBI Cards and Payment Services share price stood at Rs 774.05 per share on BSE. The NBFC today fixed February 25, 2025 as the record date for interim dividend, if declared. The Board of Directors will meet on February 17, 2025 to consider declaration of interim dividend.

Meanwhile, the market capitalisation of the company is Rs 73,430.25 crore. It offers a return of equity (ROE) of 15.62%. SBI Cards shares slipped 5.54% in last 1-week when BSE Sensex tanked 3.46% during the same tenure. The scrip zoomed over 14% year-to-date (YTD). Check more details below:

SBI Cards and Payment Services To Consider Interim Dividend

As per the exchange filing of SBI Cards and Payment Services dated February 12, 2025, “we hereby inform that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, February 17, 2025, inter alia, to consider declaration and payment of the Interim Dividend, if any, on the Equity Shares of the Company, for the financial year 2024-25.”

SBI Cards Sets Record Date For Interim Dividend

The BSE filing added, “the interim dividend, if declared, shall be paid to the equity shareholders of the Company whose names appear on the beneficial owners of the shares as on Tuesday, February 25, 2025 which is the “Record Date” fixed by the Company for the purpose, in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.”

SBI Cards Dividend History

the large cap NBFC recommended a total of 4 dividends since May 15, 2020. In last 1-year span, SBI Cards and Payment Services announced an equity dividend amounting to Rs 2.50 per share. If the current market price of Rs 774.05 per share is taken into perspective, it offers a dividend yield of 0.32%, according to Trendlyne.

SBI Cards Bonus Share & Stock Split History

The company did not recommend any bonus share so far. It also did not split face value of its shares as well.

SBI Cards and Payment Services Shareholding

It is worth noting that Life insurance corporation of India – P & Gs fund has 6.12% stake in the firm. FII/FPI hiked holdings from 9.18% to 9.52% in December 2024 quarter. Institutional Investors have increased holdings from 25.94% to 25.99% in December 2024 quarter.

SBI Cards Shares Performance

The 52-week high price of SBI Cards shares on BSE is Rs 846.55 per share (as on 03/02/2025) and 52-week low price is Rs 649.00 per share (as on 04/06/2024), respectively. SBI Cards stock offered shareholders returns of over 10% in last 6-months. The scrip rallied 8.79% in last 1-year and slipped over 3% in last 3-years.

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