Safaricom has maintained a total dividend payout of Sh48.08 billion for the financial year ended March 31, 2025, following shareholder approval at its Annual General Meeting.
This payout includes a final dividend of Sh0.65 per share, adding to the interim dividend of Sh0.55 per share paid out in March 2025.
The total dividend for the year now stands at Sh1.20 per share, which mirrors the telecommunications company’s consistent performance over the last three financial years.
Safaricom’s share price has gained 68.7 per cent year-on-year, signalling strong investor confidence.
As of June 30, 2025, the telco’s market capitalisation crossed Sh1 trillion mark, making it one of the most valuable listed companies in the East African region.
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“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,” said Safaricom CEO Dr Peter Ndegwa.
He added: “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.”
Safaricom has sustained its dividend payout levels despite facing startup costs from its Ethiopia business and hurdles stemming from depreciation of the Ethiopian Birr, after the government introduced new forex policies in 2024.
The final dividend announced by Safaricom will be paid on or about August 31, 2025, to shareholders on the register as of July 31, 2025.
Over the last five years, the firm has distributed a cumulative Sh255 billion in dividends to shareholders, a trend it projects will continue as it advances its long-term strategic vision.
Under its Vision 2030 strategy, Safaricom plans to deepen its presence in Kenya and Ethiopia with a focus on six strategic priorities.
These include accelerating 4G device adoption, deploying generative AI and hyper-personalisation to refine customer segmentation, expanding mobile financial services beyond payments, driving the Ethiopian business to profitability, securing sustainable funding, and connecting over two million homes and businesses to fixed internet.
“This is how we will future-proof Safaricom by balancing growth today with innovation for tomorrow,” said Board Chairman Adil Khawaja.
“Since launching our Vision 2025 strategy in FY2021, we have attained a remarkable Group revenue growth of 48.6 percent, translating to an 8.2 percent compounded annual growth rate.”
During the AGM, shareholders also re-elected Edward Okaro, Rita Kavashe, and James Wambugu as Board Directors.Safaricom has maintained a total dividend payout of Sh48.08 billion for the financial year ended March 31, 2025, following shareholder approval at its Annual General Meeting.
