State Bank of India Forward Dividend Yield % Definition
As of today (2024-04-24), the Forward Annual Dividend Yield of State Bank of India is 1.46%.
As of today (2024-04-24), the Trailing Annual Dividend Yield of State Bank of India is 1.46%.
NSE:SBIN's Forward Dividend Yield % is ranked worse than 91.11% of 1170
companies
in the Banks industry
Industry Median: 4.145
vs NSE:SBIN: 1.46
State Bank of India's Dividends per Share for the
three
months ended in Dec. 2023 was ₹0.00.
During the past 12 months, State Bank of India's average Dividends Per Share Growth Rate was 59.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of State Bank of India was 43.50% per year. The lowest was -22.80% per year. And the median was 13.25% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Banks - Regional subindustry, State Bank of India's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
State Bank of India Forward Dividend Yield % Distribution
For the Banks industry and Financial Services sector, State Bank of India's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where State Bank of India's Forward Dividend Yield % falls into.
State Bank of India Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
State Bank of India Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 11.300
2023-05-31
2023-06-01
2023-06-14
Cash Dividend
annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
State Bank of India's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
11.3
/
773.00
=
1.46 %
Current Share Price is ₹773.00.
State Bank of India's Dividends per Share for the forward twelve months is calculated as ₹11.3 * 1 = ₹11.3.
State Bank of India's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
11.3
/
773.00
=
1.46 %
Current Share Price is ₹773.00.
State Bank of India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹11.3.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
State Bank of India (NSE:SBIN) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
State Bank of India Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of State Bank of India's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
State Bank of India (NSE:SBIN) Business Description
State Bank of India is a bank in India. The bank's business segments include Treasury; Corporate/Wholesale Banking; Retail Banking and Other Banking businesses. The bank generates maximum revenue from the Retail Banking segment. The Retail Banking Segment comprises retail branches, which primarily include Personal Banking activities including lending activities to corporate customers having banking relations with these branches. This segment also includes the agency business and ATMs. Geographically, it derives a majority of its revenue from India.
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