SBI Cards Declares Interim Dividend for FY26 as Stock Dips to Multiyear Lows

SBI Cards and Payment Services Limited declared an interim dividend for FY26. The announcement came as the stock ended lower on 6 March 2026. On the NSE, SBI Cards and Payment Services Ltd (SBICARD) closed at Rs 722.10. That was down 1.16% from the prior close of Rs 730.55.

During the session, SBICARD moved between Rs 735.45 and Rs 720.60. Over the past year, the share saw wide swings. It touched a 52-week high of Rs 1,027.25. It also hit a 52-week low of Rs 717.80. The latest close stayed near the lower end.

"In continuation of our letter dated February 27, 2026, intimating about the Board Meeting to be held on March 5, 2026, 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 2025-26. The Record Date for the purpose of determining the entitlement of payment of Interim Dividend is Wednesday, March 11, 2026 and the said Interim Dividend will be credited/ dispatched on or before April 3, 2026," SBI Cards and Payment Services stated in a regulatory statement.

The interim dividend stood at Rs 2.50 per equity share. Each share carried a face value of Rs 10. The record date was Wednesday, March 11, 2026. The company said the dividend would be credited or dispatched on or before April 3, 2026.

Since listing in 2020, SBI Cards and Payment Services Ltd. paid interim dividends regularly. MoneyControl data showed six dividends as of March 2026. It kept a payout of Rs 2.50 per share for the previous five fiscal years. Based on early March 2026 prices, the dividend yield was near 0.35%.

Over the last 12 months, SBI Cards & Payment Services Ltd. paid a total dividend of Rs 6.00 per share. The dividend figures and key price levels are set out below.

Item	Details
Close (NSE)	Rs 722.10 on 6 March 2026
Previous close	Rs 730.55
Day high / low	Rs 735.45 / Rs 720.60
52-week high / low	Rs 1,027.25 / Rs 717.80
Interim dividend (FY26)	Rs 2.50 per share (25%)
Record date	Wednesday, March 11, 2026
Credit or dispatch by	On or before April 3, 2026
Dividend yield	About 0.35% (early March 2026)
Dividend in last 12 months	Rs 6.00 per share

SBI Card dividend and analyst view on target levels

"SBI Cards is in a pretty tight spot right now. The stock has been under heavy selling pressure lately and is hanging dangerously close to its 52-week lows around the Rs. 725 - Rs. 730 mark. But there is a silver lining that might just stop it from sliding any further. Yesterday evening, the board announced an interim dividend of Rs. 2.50 per share. With the record date coming up fast on Wednesday, March 11, we are likely going to see some short-term buying step in as traders try to grab that payout. That extra dividend-driven demand should be enough to help the stock build a solid base around Rs. 720 for the time being," commented Market Wizard's Adib Noorani on Friday.

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The interim dividend added a new event for SBICARD watchers in March 2026. The stock closed near its 52-week low after a weak session. Key dates were March 11, 2026 for the record, and April 3, 2026 for payment by. Past data showed steady interim payouts since 2020, with a modest yield at current levels.