company-logo

SBI Life Insurance Company Limited operates as a private life insurance company in India. The company's life insurance business comprises of individual life and group business, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, group immediate annuity, unit-linked and variable insurance products, health, and micro insurance. It also provides accident and disability benefit, level term, and critical illness insurance products. The company offers its products through a multi-channel distribution network comprising individual agents, brokers, corporate agents, banca partners, and certified insurance facilitators. As of March 31, 2022, it operated approximately 35,500 partner branches. The company was incorporated in 2000 and is based in Mumbai, India. SBI Life Insurance Company Limited is a subsidiary of State Bank of India.

SBI Life Insurance Dividend Announcement

SBI Life Insurance announced a annually dividend of ₹2.70 per ordinary share which will be made payable on . Ex dividend date: 2024-03-15
SBI Life Insurance annual dividend for 2024 was ₹2.70
SBI Life Insurance annual dividend for 2023 was ₹2.50
SBI Life Insurance's trailing twelve-month (TTM) dividend yield is 0.16%

SBI Life Insurance Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-15₹2.70annually
2023-03-16₹2.50annually2023-04-06
2022-03-29₹2.00annually2022-04-20
2021-04-05₹2.50annually2021-04-19
2019-04-03₹2.00annually2019-04-25
2018-04-03₹2.00annually2018-04-22

SBI Life Insurance Dividend per year

SBI Life Insurance Dividend growth

SBI Life Insurance Dividend Yield

SBI Life Insurance current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing SBI Life Insurance stock? Use our calculator to estimate your expected dividend yield:

SBI Life Insurance Financial Ratios

P/E ratio84.95
PEG ratio23.81
P/B ratio11.09
ROE13.81%
Payout ratio0.00%
Current ratio0.61
Quick ratio0.61
Cash Ratio0.61

SBI Life Insurance Dividend FAQ

How much is the next SBI Life Insurance dividend?
SBI Life Insurance's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SBI Life Insurance dividend. The next SBI Life Insurance dividend will be released in March.
When is SBI Life Insurance dividend paid?
SBI Life Insurance pays dividends on a annually basis. The specific dates may vary each year but are generally around March. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does SBI Life Insurance pay?
The specific amount of SBI Life Insurance dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SBI Life Insurance's dividend history.
Does SBI Life Insurance stock pay dividends?
Yes, SBI Life Insurance does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SBI Life Insurance's dividend history.
How much dividend does SBI Life Insurance pay?
SBI Life Insurance paid ₹2.7 in 2024, ₹2.5 in 2023, ₹2.0 in 2022, ₹2.5 in 2021, and ₹0.0 in 2020.
How often does SBI Life Insurance pay dividends?
SBI Life Insurance typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is SBI Life Insurance's dividend yield?
The current dividend yield for SBI Life Insurance is 0.16%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate SBI Life Insurance's exact dividend yield.
When does SBI Life Insurance go ex dividend?
SBI Life Insurance's ex-dividend date for the latest dividend was on 2024-03-15. SBI Life Insurance typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next SBI Life Insurance dividend paid?
SBI Life Insurance pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will SBI Life Insurance increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether SBI Life Insurance will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is SBI Life Insurance dividend per share?
SBI Life Insurance paid ₹2.7 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that SBI Life Insurance pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is SBI Life Insurance a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is SBI Life Insurance a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is SBI Life Insurance a dividend stock?
Yes, SBI Life Insurance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SBI Life Insurance a good dividend stock?
Whether SBI Life Insurance is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SBI Life Insurance has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating SBI Life Insurance as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does SBI Life Insurance pay dividends monthly?
SBI Life Insurance typically pays dividends on a annually basis.
Does SBI Life Insurance pay dividends quarterly?
SBI Life Insurance currently pays dividends on a annually basis.
Has SBI Life Insurance ever paid a dividend?
Yes, SBI Life Insurance has a history of paying dividends to its shareholders. SBI Life Insurance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SBI Life Insurance dividend stocks?
To buy SBI Life Insurance you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy SBI Life Insurance stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does SBI Life Insurance pay dividends 2024?
SBI Life Insurance pays dividends on a annually basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will SBI Life Insurance increase its dividend in 2024?
Decisions regarding SBI Life Insurance dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date SBI Life Insurance dividend overview you can look into the above table of dividend history.
How SBI Life Insurance dividend works?
The SBI Life Insurance dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how SBI Life Insurance's dividend process works:

1. Determination of Dividend: SBI Life Insurance's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, SBI Life Insurance publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, SBI Life Insurance distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from SBI Life Insurance are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are SBI Life Insurance dividends paid?
SBI Life Insurance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: SBI Life Insurance sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, SBI Life Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: SBI Life Insurance declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does SBI Life Insurance pay dividends?
SBI Life Insurance typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does SBI Life Insurance pay dividends?
The general pattern is that SBI Life Insurance pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is SBI Life Insurance dividend safe?
The safety of SBI Life Insurance's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of SBI Life Insurance's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review SBI Life Insurance's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.