Safaricom PLC has announced an interim dividend payout for the financial year ending 31st March 2025, a move that is expected to bolster investor confidence amid a fluctuating economic landscape.
The board of the telecommunications giant resolved, during a meeting on 12th February 2025, to approve an interim dividend of Kshs 0.55 per ordinary share. According to the announcement, the dividend will be payable to shareholders on the Register of Members as of 3rd March 2025, with disbursement scheduled on or about 31st March 2025.
“The Board of Safaricom PLC is pleased to announce that at its meeting held on 12th February 2025, it was resolved to approve payment of an interim dividend of Kshs. 0.55 per ordinary share for the year ending 31st March 2025,” Safaricom’s Ag. Company Secretary Linda Wambani said in a statement.
The decision underscores Safaricom’s commitment to returning value to its shareholders while maintaining a solid financial position. As Kenya’s leading telecom provider, the company continues to generate strong cash flows, enabling it to sustain regular dividend payments even amid market uncertainties.
The announcement of the Safaricom dividend comes at a time when investors have been closely monitoring Safaricom’s financial performance. The company’s stock has remained a top pick for institutional and retail investors, and the latest payout is expected to reinforce positive market sentiment.
Industry analysts view the move as a sign of Safaricom’s resilience, particularly in the face of evolving regulatory and economic challenges. The company has maintained its position as a blue-chip stock on the Nairobi Securities Exchange (NSE), making it one of the most sought-after investments in Kenya.
Stock market analysts suggest that the dividend declaration could lead to increased demand for Safaricom shares ahead of the 3rd March cutoff date. Historically, dividend announcements have triggered a surge in share trading activity as investors seek to benefit from payouts.
Safaricom has consistently maintained a robust balance sheet, driven by revenue growth from its core telecommunications services and digital financial platforms, including M-Pesa. The mobile money service remains a dominant player in Kenya’s financial ecosystem, contributing significantly to the company’s earnings.
In its most recent financial results, Safaricom reported steady revenue growth, supported by increased mobile data usage, fintech services, and enterprise solutions. The company’s ability to diversify revenue streams has played a crucial role in its continued financial stability.
For investors, Safaricom dividend policy remains an attractive feature. Dividend-paying stocks are particularly appealing in volatile markets, providing shareholders with regular income while signaling financial stability.
The interim dividend announcement was issued with the approval of the Capital Markets Authority (CMA), in compliance with Kenya’s Capital Markets Act (Chapter 485A). As a listed company, Safaricom adheres to stringent regulatory requirements to ensure transparency and accountability in financial reporting and shareholder returns.
Safaricom’s strategic investments in digital innovation, network expansion, and fintech solutions are expected to drive long-term growth. The company continues to enhance customer experience and expand its service offerings, positioning itself as a leader in Kenya’s digital economy.
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