Safaricom declares interim dividend of Sh0.85

Safaricom PLC has declared an interim dividend of Sh0.85 per ordinary share for the financial year ending March 31, 2026.

In a public announcement, the company said: “The Board of Safaricom PLC is pleased to announce that at its meeting held on February 4, 2026, it was resolved to approve the payment of an interim dividend of Sh0.85 per ordinary share for the year ending March 31, 2026.”

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The dividend will be payable to shareholders listed on the company’s Register of Members as at the close of business on February 25, 2026. Payments are expected on or about March 31, 2026.

The notice was issued under the approval of the Capital Markets Authority (CMA), in line with the Capital Markets (Securities) (Public Offers, Listing and Disclosures) Regulations, 2023. Safaricom stressed that as a listed company, it is regulated by the CMA.

Company Secretary Linda Wambani signed the announcement on February 5, 2026. She said the approval followed standard board procedures, ensuring compliance with statutory requirements.

The interim dividend reflects Safaricom’s ongoing commitment to providing returns to its investors. By issuing the dividend, the telecommunications firm continues to demonstrate transparency and accountability in managing shareholder funds.

The interim dividend represents a 54.5 per cent increase year on year and reflects a strong half-year performance.

In November 2025, Safaricom published its results for the six months ended September 30, 2025, showing solid growth across key business areas.

Service revenue rose 11.1 per cent to Sh200 billion, driven mainly by continued expansion in mobile money and data services.

Net income climbed 52.1 per cent compared to the same period last year, supported by tighter cost controls and higher customer usage.

The dividend announcement saw the telco's share price cross the Sh30 mark on Wednesday to close the day at Sh30.60, having gained two per cent compared to the previous trading day.

Safaricom began the year with a share price of Sh28.35 and has since gained 7.94 per cent on that price valuation, ranking it 16th on the NSE in terms of year-to-date performance.

Analysts say that shareholders can be optimistic about the firm, knowing the stock has accrued five per cent over the past four-week period, 19th best on NSE.