Safaricom raises interim dividend payout as State eyes Sh11.9bn

Safaricom House along Waiyaki Way in Nairobi on March 4, 2025.

Photo credit: Wilfred Nyangaresi | Nation Media Group

Safaricom has raised its interim dividend payout by 54.5 percent, nearly matching its half-year profit growth in a move that will see the government pocket Sh11.92 billion ahead of its partial divestiture from the telco.

The Nairobi Securities Exchange-listed firm announced it will pay an interim dividend of Sh0.85 per share, up from Sh0.55 per share it had paid in the last two financial years.

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