SBI Card Dividend: Stock to trade ex-date on this date

SBI Card Dividend: SBI Cards and Payment Services shares are set to turn ex-dividend on March 28, Thursday. The Board of Directors of the large-cap NBFC firm announced an interim dividend of Rs 2.5 per equity share of face value of Rs 10 per equity share for the financial year 2023-24.

After market hours, the company released its regulatory filing which read, "We wish to inform you that the Board of Directors of the Company, at its meeting held today, has inter alia, declared an interim dividend of Rs. 2.50/- (Rupees Two and Fifty Paise) (25%) per equity share (face value ofRs. 10/-each) of the Company for the financial year 2023-24."

SBI Card dividend 2024 record date

The record date for the purpose of determining the entitlement of payment of interim dividend is Thursday, March 28, 2024.

SBI Card dividend payment date 2024

The interim dividend will be credited on or before April 17, 2024.

SBI Card dividend history

SBI Card has declared 4 dividends since May 15, 2020. In the past 12 months, SBI Card has declared an equity dividend amounting to Rs 2.5 per share, as per Trendlyne data.

SBI Card dividend yield

At the current levels, SBI Card's dividend yield stands at 0.36 per cent.

SBI Card share price history

SBI Card shares have given a negative return of over two per cent in last one year, underperforming benchmark index Nifty 50, which has rallied over 28 per cent.  

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