Safaricom holds firm with Sh48 billion dividend for FY2025

Safaricom holds firm with Sh48 billion dividend for FY2025

Safaricom Dividends FY25

From left: Safaricom’s PLC Chief Finance Officer Dilip Pal, Safaricom CEO Dr. Peter Ndegwa and Safaricom Telecommunications Ethiopia CEO Wim Vanhelleputte during release of Safaricom 2024/25 Full Year Results at Michael Joseph Centre in Nairobi on 9th May, 2025

Safaricom PLC has solidified investor trust with a KES48.08 billion dividend payout for the 2025 financial year. The payout, which was approved at its Annual General Meeting on Friday, reflects a total of KES1.20 yield per share. 

Bolstered by a 68.7 percent surge in share price over the past year, the telco’s performance underscores its enduring dominance and confidence in Kenya’s evolving digital economy.

“As at 30 June 2025, Safaricom Plc market capitalisation crossed the KES1 trillion mark, reinforcing our position as one of the region’s most valuable listed entities. 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,” said Dr. Peter Ndegwa, Group CEO, Safaricom PLC.

He added: "We closed the financial year on a strong note, surpassing USD3 billion in total revenue, a clear signal of our business resilience and growth momentum."

The Nairobi Securities Exchange-listed company has maintained the same dividend payout for the last three years despite huge investment costs incurred in setting up operations in Ethiopia and the impact of the Birr depreciation, following the introduction of forex regime reforms in July 2024 by authorities in Addis Ababa.

The final dividend will be payable on or about 31 August 2025 to the Shareholders on the Register of Members as at the close of business on 31 July 2025.

By the close of this financial year, Safaricom shareholders will have collectively received KES 255 billion in dividends over the past five years, with the company poised for continued growth as it pursues its Vision 2030 ambitions. 

This blueprint focuses on leveraging innovation for societal impact across Kenya and Ethiopia, anchored by six key priorities.

These priorities are accelerating affordable 4G device adoption, enhancing customer segmentation through generative AI and hyper-personalization. 

The plan also includes expanding mobile financial services beyond payments, achieving positive EBITDA and sustainable funding in Ethiopia, advancing Africa’s digitization, and connecting over two million homes and businesses through its fixed business operations.

“This is how we will future proof Safaricom by balancing growth today with innovation for tomorrow.  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,” said Adil Khawaja, Chairman of the Board, Safaricom PLC.

In addition to the dividend approval, Edward Okaro, Rita Kavashe, and James Wambugu were re-elected as Board Directors.

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