State Bank of India Dividend yield




   INR/share 
 Price  561.35
 Dividend  11.28
 Earnings  62.37
 Cash-flow  110.07
 Book value  400.96
 Equity  373.47

State Bank of India is part of Banks business, which is part of Financials industry. State Bank of India is a company from India, and his stocks are publicly traded.

State Bank of India stock dividend

State Bank of India paid a total dividend of 100,674 million INR last year, for a market value of 5,010,049 millions (Market Cap 1,001,966 millions). State Bank of India dividend per share is 11.28 INR, and his stock market price 561.35 INR.

According to the chart below, where dividend yield is displayed, State Bank of India has a dividend yield of 2.01%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare State Bank of India stocks dividend with other Banks companies or other of the high India dividend stocks list.

Dividend yield of State Bank of India

State Bank of India Dividend Payout

About the ability of State Bank of India to maintain his current dividend of INR 11.28 per share, an amount that accounts for 2.01%, we should study its payout ratio both on earnings and on cash-flows (see chart below). State Bank of India payout on ernings is currently 18.09%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that State Bank of Indiacan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of State Bank of India is INR 110.07 per share, which is higher than the dividend per share paid by the company of INR 11.28, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of State Bank of India, compared againt world market average, India companies, Financials industry and Banks sector companies.

State Bank of India payout

State Bank of India Dividend History

Below you will find a table with the historical evolution of State Bank of India's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  INR  Paypout  Shares* 
Present2.01%11.2818.09%8,925
20221.16%7.1217.98%8,925
20210.87%4.0115.94%8,925
20200.00%0.000.00%8,925
20190.00%0.000.00%8,925
20180.88%2.60-50.98%8,925
20170.84%2.600.00%8,632
20161.01%2.6116.57%7,763
20151.40%3.5015.53%7,566

*In millions

Then you can see the evolution of State Bank of India dividend stock, and compare it with the average of India stocks and that of the Banks stocks.

State Bank of India stock dividend history

State Bank of India Stock performance

Finally, last moth State Bank of India showed a return of -9.50% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 5.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Banks firms.

State Bank of India stock and market return