Page 8 - Dividend

SBI pays Rs 8,076.84 cr dividend to govt, cheque presented to FM Sitharaman

The country's biggest lender State Bank of India (SBI) on Monday paid a dividend of Rs 8,076.84 crore to the government for the financial year 2024-25. The dividend cheque was presented to Finance Minister Nirmala Sitharaman by SBI Chairman C S Setty in the presence of Financial Services Secretary M Nagaraju and Finance Secretary Ajay Seth. "Smt @nsitharaman receives a dividend cheque of Rs 8076.84 crore for FY 2024-25 from Shri C S Setty, Chairman-@TheOfficialSBI," the finance minister's office said in a post on X. SBI declared a dividend of Rs 15.90 per share for the financial year 2024-25, higher than Rs 13.70 per equity share distributed for the previous year. SBI had paid a dividend of Rs 6,959.29 crore to the government last year. During 2024-25, the bank earned a record net profit of Rs 70,901 crore, as against Rs 61,077 crore in the preceding year, registering a 16 per cent increase.

Dividend, stock split: Asian Paints, Indian Bank & 3 others to go ex-date

Dividend stocks: Asian Paints has declared a final dividend of ₹20.55 per share, Indian Bank ₹16.25, Johnson Controls-Hitachi Air Conditioning India ₹15, and Tata Investment Corporation ₹27 per share

India Inc's dividend payout rises 11% to record ₹5 trillion in FY25

But payouts to shareholders grew slowest in five years

Tata Sons dividend income may have slipped in FY25 for first time in 9 yrs

Tata Sons reported standalone operating income of Rs 43,767 crore in FY24 up 25.3 per cent from Rs 34,917 crore a year ago

Dividend stocks: ACC, Trent & 28 others to go ex-date next week; list here

Dividend stocks: Asian Paints has announced the highest dividend, with a final payout of ₹20.55 per share. The record date for this corporate action is Tuesday, June 10, 2025.

Dividend, bonus, rights issue, demerger: BoB, Concor & 23 others in focus

Bank of Baroda, Concor, HDFC Asset Management Company, and 22 others will be in focus today as they will trade ex-date on Friday, June 6, 2025

Jindal Saw, Rallis India, Ugro Capital in focus ahead of June 5 ex-date

Ex-dividend stocks: Jindal Saw has declared a final dividend of ₹2 per share and Rallis India ₹2.5 per share, according to corporate action data on BSE

Dividend, stock split, bonus, rights issue: TaMo, TCS & 5 others in focus

Following recent announcements regarding corporate action such as dividends, bonus issues, and rights issues, drawing attention from investors

Dividend, bonus, rights issue: L&T, Nuvama Wealth & 3 others in focus

Ex-dividend date, June 3, 2025: The ex-date refers to when a stock began trading without the entitlement to dividends, rights issues or bonus issues

Dividend stocks: TCS, L&T, 24 others to go ex-date next wk; do you own any?

Tata Motors, TCS, Tata Steel, L&T, Dr Lal PathLabs, Nuvama Wealth Management, HDFC Asset Management Company, and 19 other companies are set to remain in focus following their dividend announcements

Avanti Feeds soars 8% on healthy Q4 results, declares dividend of ₹9

Avanti Feeds share price: Avanti Feeds shares gained today after it reported 39.6 per cent Y-o-Y jump in profit after tax to ₹157.19 crore

Dividend, bonus, rights issue: Bajaj Finance, Infosys, 14 others in focus

According to data from the BSE, Angel One has declared a final dividend of ₹26 per share, Bajaj Finance ₹44 per share, and Infosys ₹22 per share

Dividend stocks: ITC, Colgate Palmolive, Kennametal to go ex-date on May 28

Among the highlighted companies, industrial products maker Kennametal India has declared the highest dividend, announcing an interim dividend of ₹40 per share

RBI's ₹2.69 trillion dividend to govt: Where does its money come from?

RBI's record dividend this year is driven by dollar sales, rupee asset earnings, and tweaks to the Jalan panel formula, giving the govt more fiscal room

RBI dividend: Jalan panel recommendations hold strong, minor tweaks needed

RBI's dividend transfer to the government based on Bimal Jalan committee recommendations has "stood the test of time" and only some tweaking may be required for the coming five years, a government source said on Friday. The source said that at a time when the economy is seeing a steady, consistent growth, some alteration in dividend transfer formula may be required to suggest what should be the set formula for the next five years. The source said the dividend transfer so far has been calculated based on the Bimal Jalan-panel's ECF recommendations and certainly the time to review the framework has come. "The Bimal Jalan panel recommendations has stood the test of time, even during Covid... I don't see Jalan panel formulations coming to such an end. Some kind of alterations will happen and RBI is working on it, may be some tweaking (of the panel recommendations)," the source said. The RBI gives dividend to the government on the basis of its Economic Capital Framework (ECF), which was

Dividend stocks: Infosys, ITC, Trident, 17 others to go ex-date next week

Here is the complete list of stocks along with their key details that will remain in focus as they trade ex-dividend during next week

Dividend stocks: LTIMindtree, CMS Info, 4 others to remain in focus today

Here is the complete list of stocks that will remain in focus today as they are set to trade ex-dividend on May 23

Dividend Alert! These three stocks to go ex-date on May 22; do you own any?

Here is the complete list of stocks that will remain in focus today as they are set to trade ex-dividend on May 22

Dividend, stock-split, rights issue: Page Ind, 3 others to remain in focus

Here is the complete list of companies whose shares will trade ex-date on May 21, 2025, along with their key corporate announcements, as per data available on the BSE

Dividend stocks: SBI, IEX, 8 others to go ex-date on May 16; full list here

Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they go ex-date on Friday, May 16, 2025