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SBI Life Shares to Trade Ex-Date on March 07: Interim Dividend of ₹2.70

Written by: Sachin GuptaUpdated on: Mar 7, 2025, 2:09 PM IST
SBI Life Insurance Company Ltd decided to pay an interim dividend of ₹2.70 on March 30, 2025, declared on February 28, 2025.
SBI Life Shares to Trade Ex-Date on March 07: Interim Dividend of ₹2.70
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On March 07, 2025, SBI Life shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹2.70 interim dividend.

SBI Life Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
Mar 15, 2024 Interim 2.70
Mar 16, 2023 Interim 2.50
Mar 29, 2022 Interim 2.00

SBI Life Q3FY25 Earnings Highlights

SBI Life has maintained its leadership position in Individual Rated Premium, reaching 145.5 billion with a 25.3% private market share in 9M FY 25. It has experienced a 12% growth in Individual New Business Premium, totalling 198.6 billion in the same period. Additionally, Protection New Business Premium stands at 27.9 billion. Gross Written Premium (GWP) grew by 9% to 609.8 billion, primarily driven by a 12% increase in New Business Regular Premium (RP) and a 15% growth in Renewal Premium (RP).

SBI Life boasts a robust distribution network of 309,590 trained insurance professionals, including Agents, CIFs, and SPs, alongside a widespread presence with 1,086 offices across the country. Its diversified distribution channels include a strong bancassurance channel, agency channel, and other channels such as corporate agents, brokers, micro agents, common service centres, insurance marketing firms, web aggregators, and direct business.

For 9M FY 25, the APE channel mix comprises 63% from bancassurance, 28% from agency, and 9% from other channels. Notably, Individual NBP from the Agency channel has grown by 36% to 52.6 billion, while Individual NBP from Other channels has increased by 26% to 25.3 billion compared to the same period last year.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 7, 2025, 7:55 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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