Dividend stock: Life insurer announces interim payout in first week of March

SBI Life Insurance Company has declared an interim dividend of ₹2.70 per equity share of face value ₹10 each, representing 27% for the financial year 2025-26.The dividend was approved by the board pursuant to applicable listing regulations. It will be paid to shareholders whose names appear in the Register of Members or in the records of the depositories as beneficial owners as on the record date of Friday, March 6, 2026.

The interim dividend will be credited or dispatched on or before Friday, March 27, 2026.
Ahead of the announcement, shares of SBI Life Insurance Company Ltd closed at ₹2,075 on the NSE, down ₹7.90 or 0.38% for the day.The dividend declaration follows the company’s December quarter results, where it reported a nearly 5% year-on-year rise in net profit to ₹577 crore, compared with ₹551 crore in the year-ago period.

Net premium income grew 22% to ₹30,245 crore, supported by stronger premium collections. One-time premiums rose 24%, while renewal premiums increased nearly 21%, indicating steady policyholder retention.

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However, expenses also moved higher. Management expenses rose over 45% to ₹3,519 crore, driven by higher commissions and employee-related costs.