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Why Britam won’t pay dividend despite record Sh5bn profit

Britam Group CEO Tom Gitogo during the release of the 2024 financial results on March 28, 2025 at Britam Towers.

Photo credit: Francis Nderitu | Nation Media Group

By  Patrick Alushula

Business Reporter

Nation Media Group

Investors in Britam Holdings will not be receiving dividends just yet, despite the firm’s net profit rising for the fourth straight year to a record Sh5.03 billion in the financial year ended December 2024.

The financial services firm posted a 53.5 percent net profit increase in 2024 from Sh3.28 billion the previous year.

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