Safaricom raises dividend 67pc as profit hits Sh99.7bn

Safaricom Group CEO Peter Ndegwa speaks during the half-year results announcement, for the financial year 2025/2026, at Safaricom's headquarters in Westlands, Nairobi, Kenya on November 6, 2025. 

Photo credit: Reuters

Safaricom Plc has raised its total dividend by 66.7 percent to Sh2 per share for the year ended March 31, 2026 after posting a 67.3 percent rise in net profit to Sh99.7 billion, driven by strong M-Pesa growth in Kenya and sharply reduced losses in Ethiopia.

The proposed payout comprises a final dividend of Sh1.15 per share, adding to the interim dividend of Sh0.85 paid earlier this year. Total shareholder payouts for the period stand at Sh80 billion.

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