State Bank of India Dividend
Dividend criteria checks 2/6
State Bank of India is a dividend paying company with a current yield of 2.04% that is well covered by earnings.
Key information
2.0%
Dividend yield
18%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$74.92 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SBIA's dividend payments have been volatile in the past 10 years.
Growing Dividend: SBIA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
State Bank of India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SBIA) | 2.0% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.7% |
Industry Average (Banks) | 6.1% |
Analyst forecast in 3 Years (SBIA) | 2.6% |
Notable Dividend: SBIA's dividend (2.04%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.26%).
High Dividend: SBIA's dividend (2.04%) is low compared to the top 25% of dividend payers in the UK market (5.92%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.1%), SBIA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.