SBI Declares 1590% Dividend, Rs 25,000 Cr Fundraising

Public sector lender SBI share price will remain in limelight on May 5, 2025 on the bourses as the Bank declared its financial results and recommended dividend today. Board of Directors of the Public Sector Bank today recommended a dividend of 15.90 per share for the financial year ended March 31, 2025 of the face value of Re 1.00 each. The last trading price of State Bank of India shares on Bombay Stock Exchange stood at Rs 800.05 per share with the gain of 1.51% intraday as on May 2, 2025. The large cap Bank has a market capitalisation of Rs 7,14,014.23 crore with free float market cap stood at Rs 3,06,658.40 crore. Its return on equity is 17.39%.

SBI shares delivered shareholders returns of 3.12% in last 1-month when Sensex gained 5.07%, BSE BANKEX index surged 6.02%, and BSE Financial Services index zoomed 5.62%. It is worth noting that Life Insurance Corporation Of India (LIC) has 9.38% stake in the PSU with 829,292,748 share of the bank. Check key details below:

State Bank of India Recommends Dividend

According to the exchange filing of the bank dated May 3, 2025, “Pursuant to Regulation 43 and Regulation 30 (6) of SEBI (LODR) Regulations, 2015, the Central Board of the Bank, has declared a Dividend of Rs15.90 per equity share (1590%) for the financial year ended 31.03.2025.

SBI Sets Record Date For Dividend

The exchange filing added, “The record date for determining the eligibility of members entitled to receive dividend on equity shares is Friday, 16.05.2025 and dividend payment date is fixed as 30.05.2025.”

SBI Approves Fundraising

The regulatory filing of the Bank stated, “Raising of equity capital for an amount aggregating upto Rs 25,000 crores (including share premium) in one or more tranches during FY 2025-26 through Qualified Institutions Placement (QIP)/ Followon Public Offer (FPO) or any other permitted mode or a combination thereof in such manner and on such terms and conditions as may be deemed appropriate, in accordance with the applicable Acts/ Regulations/ Guidelines and subject to receipt of all requisite approvals.”

SBI Dividend History

The PSU lender recommended a total of 21 dividends since 2003. In last 1-year, it announced a dividend of Rs 13.70 per share. It maintains a dividend yield of 1.68%.

SBI Stock Split History

The bank split the face value of its shares once since 2014. It last sub-divided face value of the stock from Rs 10 to Re 1 in 2014 and traded ex-split on November 20, 2014.

SBI Bonus Share History

It never recommended any bonus share.

State Bank of India Shares Performance

The 52-week high of State Bank of India share price stood at Rs 912.10 per share (as on 03/06/2024) and 52-week low price is Rs 679.65 per share (as on 03/03/2025), respectively. State Bank of India shares rallied 4.43% in last 3-months, plunged 2.56% in last 6-months, and declined over 3% in last 1-year. The stock gained 39.10% in last 2-years and zoomed 320.19% in last 5-years.

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