SBI declares 150 per cent interim dividend

Image
Press Trust of India New Delhi
Last Updated : Mar 03 2014 | 8:43 PM IST
State Bank of India (SBI) today announced 150 per cent or Rs 15 per share interim dividend for 2013-14.
The central board of the bank has declared an interim dividend at the rate of Rs 15 per equity share of Rs 10 each, SBI said in a filing to the BSE.
The date of payment of the interim dividend is fixed as April 2 and the dividend warrants will be payable at par at all branches of State Bank of India, irrespective of the amount, it said.
Shares of SBI closed at Rs 1,518.50 apiece, down 0.86 per cent on the BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 03 2014 | 8:43 PM IST

Next Story