By Safaricom Declares KES 48.08 Billion Dividend for FY25
Safaricom PLC will pay shareholders a total dividend of KES 48.08 billion for the financial year ending March 2025. This includes a final dividend of KES 0.65 per share, approved during the 17th Annual General Meeting.
Earlier, the company issued an interim dividend of KES 0.55 per share, paid around 31 March 2025. Combined, the total payout stands at KES 1.20 per share. Shareholders listed by 31 July 2025 will receive the final dividend on or about 31 August 2025.
This announcement comes as Safaricom’s share price surged 68.7% over the past year, reflecting strong investor confidence. By 30 June 2025, the company’s market capitalization crossed KES 1 trillion.
This growth underscores its value on the Nairobi Securities Exchange and its rising regional influence.
“We closed the year strongly, with revenue surpassing USD 3 billion,” said Group CEO Dr Peter Ndegwa. “Our Vision 2030 strategy has provided direction and strengthened investor trust.”
Safaricom Declares KES 48.08 Billion Dividend for FY25
Long-Term Strategy Balances Growth and Innovation
Despite rising costs from its Ethiopia expansion and forex-related challenges, Safaricom has kept its dividend steady for three years.
In that time, shareholders have earned a total of KES 255 billion in dividends a trend the company plans to sustain.
Looking ahead, Safaricom is focused on six strategic priorities under its Vision 2030 plan. These include expanding 4G device access, using Gen AI for personalized customer experiences, and growing mobile financial services beyond payments.
The company also aims to achieve positive EBITDA and secure funding for Ethiopia while accelerating Africa’s digital transformation. In addition, it plans to connect over 2 million homes and businesses via fixed internet.
“This balance between today’s growth and tomorrow’s innovation is how we future-proof Safaricom,” said Board Chairman Adil Khawaja.
“Since FY2021, our Group revenue has grown by 48.6%, with an annual compound growth rate of 8.2%.”
At the AGM, shareholders also re-elected Edward Okaro, Rita Kavashe, and James Wambugu to the Board of Directors.
https://africabusinessnews.co.ke/safaricom-ethiopia-hits-10-million-customers/
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