SBI Cards ₹2.50 Interim Dividend for FY26 Record Date is Tomorrow, March 11

SBI Cards and Payment Services Limited has announced an interim dividend of ₹2.50 per equity share for the financial year 2025–26. The decision was approved by the company’s Board of Directors during its meeting held on March 5, 2026. 

Each equity share has a face value of ₹10, and the declared dividend represents 25% of the face value.

Record Date and Eligibility Details

The company has fixed March 11, 2026, as the record date to determine the eligibility of shareholders for receiving the interim dividend. Investors whose names appear in the company’s records as of this date will be entitled to receive the dividend payment.

The ex-date for the dividend is also March 11, 2026. Investors planning to receive the dividend must ensure they hold the shares before the ex-date, as purchases made on or after this date will not qualify for the payout.

Dividend Payout Example for 100 Shares

To understand the dividend payout, consider an investor holding 100 shares of SBI Cards before the ex-date. Since the company has declared an interim dividend of ₹2.50 per share for FY26, the total dividend income can be calculated by multiplying the number of shares with the dividend amount per share. 

In this case, 100 shares × ₹2.50 per share results in a total dividend payout of ₹250. This amount will be credited to the investor’s registered bank account if their name appears in the shareholder records as of the record date, March 11, 2026.

Consistent Dividend Track Record

SBI Cards has maintained a stable interim dividend payout over the past several years. The company declared an interim dividend of ₹2.50 per share in February 2025 with a record date of February 25, 2025. Similarly, the company distributed the same dividend amount in March 2024, March 2023, and March 2022.

Also Read: HDFC Bank & SBI Control Nearly 50% of India's Credit Card Spend; Top 5 Banks Hold 85.6% Market Share!

Conclusion

The latest interim dividend declaration reinforces SBI Cards’ track record of consistent shareholder returns. With a record date set for March 11, 2026, eligible investors will receive ₹2.50 per share as part of the company’s FY26 interim payout. Shareholders must hold shares in a valid demat account as of the record date to be eligible for the dividend.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private 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.

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