SBI Cards share price in focus as will trade Ex-dividend today

Dividend Stocks 2025: SBI Cards and Payment Services Ltd share price remains in focus on Tuesday as will trade Ex-dividend today.

The record date for determining eligibility of SBI Cards and Payment Services share holder to receive the Dividend payout stands today ( 25 February 2025)

The record date for February 25 2025  suggests that investors who bought shares SBI Cards and Payment Services Ltd a day prior to the record date will see their names listed among the eligible shareholders for dividend payout, under the T+1 settlement process.

SBI Cards and Payment Services Dividend payout details

The Board of Directors of SBI Cards and Payment Services at their meeting on 17 February 2025 had declared declared an Interim Dividend

The interim Dividend announced by SBI Cards stood at Rs. 2.50/- (Rupees Two and Fifty Paise) per equity share (face value of Rs. 10 /- each) of the Company for the financial year 2024-25. Considering the Dividend amount and face value of SBI Cards share the interim dividend announcement stood at 25 %. 

The Record Date for the purpose of determining the entitlement of payment of Interim Dividend decided by the SBI Cards Board while stood as Tuesday, February 25, 2025.

The said Interim Dividend of SBI Cards and Payment Services will be credited or dispatched on or before March 18, 2025.as per the company release 

SBI Cards and Payment Services Q3 Results

For the fiscal third quarter that ended in December 2025 (Q3FY25), SBI Cards and Payment Services Ltd. reported a 30% year-over-year decline in its consolidated net profit (attributable to the company’s owners) to ₹383.2 crore. In the same quarter last year, the company reported a profit of ₹549.1 crore.

Gross non-performing assets (NPA) increased from 2.64 percent in the previous year to 3.24 percent in the current quarter. Additionally, the percentage of bad loans, or net non-performing assets, rose from 0.96 percent at the end of the December quarter of the previous fiscal year to 1.18 percent.

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