State Bank of India Dividends and Buybacks
Dividend criteria checks 5/6
State Bank of India is a dividend paying company with a current yield of 1.75% that is well covered by earnings.
Key information
1.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹13.700 |
| Payout ratio | 17% |
Recent dividend and buyback updates
State Bank of India's (NSE:SBIN) Dividend Will Be Increased To ₹11.30
May 21
State Bank of India (NSE:SBIN) Is Paying Out A Larger Dividend Than Last Year
May 19Recent updates
The State Bank of India (NSE:SBIN) Analysts Have Been Trimming Their Sales Forecasts
Jun 21Is Now The Time To Put State Bank of India (NSE:SBIN) On Your Watchlist?
Nov 15Should You Be Adding State Bank of India (NSE:SBIN) To Your Watchlist Today?
Jul 30State Bank of India's (NSE:SBIN) Dividend Will Be Increased To ₹11.30
May 21State Bank of India (NSE:SBIN) Is Paying Out A Larger Dividend Than Last Year
May 19Here's Why We Think State Bank of India (NSE:SBIN) Is Well Worth Watching
May 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SBIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: SBIN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| State Bank of India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SBIN) | 1.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast (SBIN) (up to 3 years) | 2.3% |
Notable Dividend: SBIN's dividend (1.75%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: SBIN's dividend (1.75%) is in the top 25% of dividend payers in the Indian market (1.14%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.1%), SBIN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SBIN's dividends in 3 years are forecast to be well covered by earnings (18.7% payout ratio).