Equity Group Holdings Plc will reward its shareholders with a dividend of Sh4.25 per share, after receiving full approval during its 21st Annual General Meeting (AGM) held virtually on Wednesday.

The payout, amounting to a total of Sh16 billion, will be distributed on or about June 30, 2025, to shareholders who were on the register by the close of business on May 23, 2025. The dividend represents a 34 per cent payout ratio—well within the Group’s policy range of between 30 and 50 per cent.

"Shareholders approved a dividend of Sh16 billion at an enhanced rate of Sh4.25 per share, payable on or about 30th June 2025, to shareholders on the register as of the close of business on 23rd May 2025," Equity stated.

During the AGM, conducted online and drawing participation from shareholders around the world, every resolution tabled was passed without objection.

This unanimous support reflected what the Group described as firm backing of its governance principles and strategic direction.

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The vote affirms continued investor confidence in Equity’s financial stewardship and approach to capital allocation.

The board said the dividend was structured to offer shareholders meaningful returns while ensuring the Group remains well-capitalised for future growth.

This marks the latest in a series of shareholder-friendly decisions by the lender, which has continued to post resilient performance amid shifting economic conditions.

The AGM closed with a renewed commitment from the Group to pursue long-term value creation while maintaining strong levels of transparency, accountability, and regional expansion.