Safaricom PLC has maintained a KES 48.08 billion dividend payout, following shareholder approval at the 2025 Annual General Meeting of a final dividend of KES 0.65 per share for the financial year ended 31 March 2025.
The total dividend payout for the year comes to KES 1.20 per share following an interim dividend of KES 0.55 per share that was paid on, or around, 31 March, 2025. This comes as the company’s share price rose 68.7% compared to last year, signaling investor confidence in the Safaricom stock.
Dr. Peter Ndegwa, Group CEO, Safaricom PLC, said:
“We closed the financial year on a strong note, surpassing USD 3 billion in total revenue, a clear signal of our business resilience and growth momentum. As [of] 30 June, 2025, Safaricom PLC market capitalization crossed the KES 1 trillion mark, reinforcing our position as one of the region’s most valuable listed entities. It reflects not only our solid earnings but also the strategic clarity embedded in our Vision 2030 roadmap, which continues to inspire belief in our long-term value creation.”
The company has maintained the same dividend payout for the last three years despite the start-up costs of establishing operations in Ethiopia and the impact of the Birr depreciation, following the introduction of forex regime reforms in July 2024 by the Government of Ethiopia.
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The final dividend will be payable on, or around, 31 August, 2025, to the shareholders on the Register of Members at the close of business on 31 July, 2025.
By the end of this financial year, Safaricom shareholders will have received a cumulative KES 255 billion in dividends over the past five years, a growth trajectory expected to continue as the company sets strategic sights on 2030.
In its Vision 2030, the company aims to harness innovation for social good and shape the future of Kenya and Ethiopia with a focus on six strategic priorities. These include the acceleration of 4G device acquisitions and affordability; customer segmentation, through use of generative artificial intelligence (GenAI) and hyper-personalization; growth of mobile financial services beyond payments; positive earnings before interest, taxes, depreciation, and amortization (EBITDA) and sustainable funding for Ethiopia; Africa’s digitization; and connecting over 2 million homes and businesses through the fixed business.
Read More: Safaricom Drives Push for Wider 4G Smartphone Uptake in Kenya
Adil Khawaja, Chairman of the Board, Safaricom PLC, added:
“This is how we will future-proof Safaricom by balancing growth today with innovation for tomorrow. Since launching our Vision 2025 strategy in FY2021, we have attained a remarkable Group revenue growth of 48.6%, translating to an 8.2% compounded annual growth rate.”
In addition to the dividend approval, Edward Okaro, Rita Kavashe, and James Wambugu were re-elected as Board Directors.
Read More: Safaricom Ethiopia Hits 10 million Users, Boosting Its Role in a Liberalizing Market
