SBI Cards and Payment Services Limited has declared an interim dividend of ₹2.50 per equity share for the financial year 2025–26. The announcement was approved by the company’s Board of Directors during its meeting held on March 5, 2026.
Each equity share of the company carries a face value of ₹10, and the declared dividend represents 25% of the face value.
Record Date and Shareholder Eligibility
The company has set March 11, 2026, as the record date to determine which shareholders will be eligible to receive the interim dividend. Investors whose names appear in the company’s shareholder records on this date will qualify for the payout.
The ex-dividend date is also March 11, 2026. Investors must own the shares before the ex-date to be eligible for the dividend, as any shares purchased on or after this date will not carry the entitlement to receive the payout.
Illustration of Dividend Income
For instance, an investor holding 100 shares of SBI Cards prior to the ex-date would receive a dividend based on the declared amount of ₹2.50 per share.
In this case:
100 shares × ₹2.50 per share = ₹250 total dividend payout.
The dividend amount will be credited to the shareholder’s registered bank account, provided their name appears in the company’s records as of the record date.
History of Stable Dividend Payments
SBI Cards has maintained a consistent interim dividend payout pattern in recent years. The company also announced an interim dividend of ₹2.50 per share in February 2025, with February 25, 2025 set as the record date.
The same dividend amount was distributed in March 2024, March 2023, and March 2022, reflecting the company’s stable approach toward shareholder returns.
Summary:
SBI Cards has declared an interim dividend of ₹2.50 per share for FY26, with March 11, 2026 set as the record date and ex-date. Shareholders holding the stock before the ex-date will be eligible for the payout, continuing the company’s consistent dividend track record over the past few years.
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
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