Britam cleans balance sheet to resume dividend payment

Britam Holdings Plc Group Managing Director and CEO Tom Gitogo speaks during the release of 2025 half-year financial results on August 29, 2025.

Photo credit: File | Nation Media Group

Britam Holdings is seeking to use part of its share premium to clear its accumulated losses, a move that will allow it to pay dividend and end a six-year dry spell for shareholders.

The listed insurer on Tuesday reported a 9.99 percent growth in net profit for the year ended December 2025 to Sh5.53 billion, up from Sh5 billion a year earlier but did not recommend a dividend due to accumulated losses in its books.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.