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Originally published by Capital Businessbusiness
August 1, 2026
4h ago
Safaricom shareholders approve Sh80.1bn dividend
The approval was granted at the company's 18th Annual General Meeting, where shareholders backed a final dividend of Sh1.15 per share, bringing the total dividend for the year to Sh2.00 per share, including an interim dividend of Sh0.85 paid in March...
✨ Key Highlights
Safaricom shareholders have approved a record-breaking dividend of Sh80.13 billion for the financial year ended March 2026. This follows a period of strong financial performance and anticipation of profitability from its Ethiopian operations.
- The approved dividend is the largest in the company's history, representing Sh2.00 per share in total for the year.
- The decision was made at the 18th Annual General Meeting, with key figures including Safaricom Group Chief Executive Officer Peter Ndegwa and Board Chairman Adil Khawaja.
- Shareholders also approved a change in ownership, with Vodacom Group now holding 55% of Safaricom.
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