State Bank of India Dividend
Dividend criteria checks 5/6
State Bank of India is a dividend paying company with a current yield of 1.51% that is well covered by earnings.
Key information
1.5%
Dividend yield
18%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹71.48 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend 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
Is 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 16Here's Why We Think State Bank of India (NSE:SBIN) Is Well Worth Watching
Jan 30Does State Bank of India (NSE:SBIN) Deserve A Spot On Your Watchlist?
Oct 17Here's Why I Think State Bank of India (NSE:SBIN) Is An Interesting Stock
Jul 03If You Had Bought State Bank of India (NSE:SBIN) Stock Five Years Ago, You Could Pocket A 90% Gain Today
Mar 18Do State Bank of India's (NSE:SBIN) Earnings Warrant Your Attention?
Feb 11
What Kind Of Shareholders Hold The Majority In State Bank of India's (NSE:SBIN) Shares?
Jan 07Stability 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) | 1.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.1% |
| Analyst forecast in 3 Years (SBIN) | 2.1% |
Notable Dividend: SBIN's dividend (1.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: SBIN's dividend (1.51%) is in the top 25% of dividend payers in the Indian market (1.21%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.1%), 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 (18.5% payout ratio).