SBI Life Insurance has declared a dividend of ₹2.70 per share. The record date is March 7, 2025, and the payment will be completed by March 30, 2025. Shareholders will directly benefit.
SBI Life Insurance, a joint venture between State Bank of India (SBI) and BNP Paribas Group, has brought good news for its investors. The company has declared an interim dividend of ₹2.70 per share. The record date and payment date for this dividend have also been announced. Let's find out the details—
How much dividend will be received?
The company has announced that investors will receive an interim dividend of ₹2.70 (27%) per share. Note that the face value of each SBI Life Insurance share is ₹10. The company's board of directors has approved this dividend.
Until when should you buy shares to receive the dividend? (Record Date)
If you wish to avail this dividend, buy SBI Life shares by March 7, 2025 (Friday). Only those who hold the shares until this date will be eligible for this dividend.
When will the money be credited to the account? (Payment Date)
The company has announced that this dividend will be transferred to investors' bank accounts by March 30, 2025 (Sunday).
SBI Life's Dividend Payment History
SBI Life Insurance has consistently provided returns to its investors. The company has paid the following dividends in the past few years—
2024: ₹2.70 per share
2023: ₹2.50 per share
2022: ₹2.00 per share
2021: ₹2.50 per share
Recent Status of SBI Life Shares
On Friday, SBI Life Insurance shares closed at ₹1431.05, which is 2.54% lower than the previous closing price of ₹1468.40. During this time, the share touched a low of ₹1413.60 and a high of ₹1468.35.
