Financial Services Sector Stock Declared 25% Interim Dividend, Fixes Record Date

SBI Cards and Payment Services Ltd., a large-cap SBI Group company, in its Board Meeting held today, March 21, 2023, declared 25% Interim Dividend. The stock is fixed, on March 29, 2023, as the record date for the declared dividend. The company operates in Financial services and offers Indian consumers access to a wide range of world-class, value-added payment products and services. It has a market capitalisation of Rs 67,849.26 crore.

Stock's last Traded Price, Returns, 52 Week High/Low

The stock today last traded at Rs 717.45 apiece, up 0.96% compared to the previous close. It traded the 52 week low on 20 June 2022 at Rs 655.70 apiece, and 52 week high on 17 August 2022 at Rs 1,028.65 apiece, respectively. It was listed on 16 March 2020, according to NSE.

Since its listing, it has given 5.29% positive return. In the past 1 week, it has fallen 1.07%. Whereas, in the past 1 month it has fallen 3.78%. In the past 1 year it has fallen 14.81%. In 3 years it has fallen 0.97%,

SBI Cards declared an Interim Dividend of Rs 2.50/-

SBI Cards and Payment Services Ltd. in its exchange on 21 March 2023 has said, "In continuation of our letter dated March 16, 2023, intimating about the Board Meeting to be held on March 21, 2023, we wish to inform you that the Board of Directors of the Company, at its meeting held today, has inter alia, declared an Interim Dividend of Rs. 2.50/- (Rupees Two and Fifty Paise) (25 %) per equity share (face value of Rs. 10/­ each) of the Company for the financial year 2022-23. The Record Date for the purpose of determining the entitlement of payment of Interim Dividend is Wednesday, March 29, 2023 and the said Interim Dividend will be credited/dispatched on or before April 19, 2023."

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