Dividend Stocks: SBI, IEX and 8 Others to Trade Ex-Dividend on May 16, 2025

Shares of State Bank of India (SBI), Indian Energy Exchange (IEX), and 8 other companies will trade ex-dividend on Friday, May 16, 2025. A stock starts trading ex-dividend one day before the record date. To be eligible for the declared dividend, investors need to hold the stock before this ex-dividend date.

What is an Ex-Dividend Date?

The ex-dividend date is when a stock starts trading without the value of the upcoming dividend. To be eligible for the dividend payout, shareholders must own the stock before this date. The company then checks its records on the record date to confirm eligible investors.

Read More, BEML Shares to Trade Ex-Date on May 15: Interim Dividend of ₹10.  

SBI and IEX Lead Dividend Announcements

• SBI, India’s largest public sector bank, has announced a final dividend of ₹15.90 per share. The record date for this is May 16, 2025.
• IEX has declared a final dividend of ₹1.50 per share, also with the same record date.

Other Companies Paying Dividends

Several other firms across different sectors have also announced interim dividends:

Conclusion

If you're looking for dividend income, May 16 is an important date. Investors should ensure they purchase shares before this date to be eligible for payouts. SBI’s high dividend makes it one of the most attractive options on this list.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.       

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.