Safaricom PLC board has approved an interim dividend of KES 0.85 per ordinary share for the year ending March 31, 2026, strengthening its position as one of the most reliable dividend-paying stocks at the Nairobi Securities Exchange (NSE).
The interim dividend will be payable to shareholders on the register as of February 25, 2026 and will be paid on or about March 31, 2026. The payout reflects a 55% increase from the KES 0.55 interim dividend paid in the previous year and marks the highest interim dividend in the company’s history.
The total interim dividend payout for H1 2026 transalates to KES 34.1 billion, which represents a growth of KES 12 billion from the interim dividend payout in H1 2025.
The pay out follows a stellar H1 2026 performance by the mobile network operator. It signals strong cash flow generation from Safaricom’s core Kenyan operations and anchors expectations for a solid total dividend for FY 2026, subject to performance in the second half.
Safaricom PLC H1 2026 Performance
In the half year ended September 30, 2025, Safaricom PLC’s total revenue grew by 8.1% year-on-year to KES 204.7 billion. Data revenue climbed 18.2% to KES 44.45 billion from KES 37.6 billion, surpassing voice revenue for the first time. Voice revenue closed the review period at KES 41 billion, up 0.5% year-on-year. Safaricom’s mobile money platform, M-Pesa, posted a revenue of KES 88.1 billion, up 14.0% from KES 77.3 billion a year earlier.
The telecommunications giant recorded an after-tax profit attributable to equity holders of KES 42.78 billion up 52.1% year-on-year.
Safaricom’s Peers Interim Dividends
Alongside Safaricom, several other large cap stocks at the NSE have paid interim dividends in recent periods. Co-operative Bank paid its first ever interim dividend of KES 1.00 per share, while I&M Group paid a KES 1.50 per share. Alcohol manufacturer East African Breweries PLC declared the highest dividend at KES 4.00 per share, following strong H1 25/26 results, in which the firm posted a 38% growth in net income to KES 11.2 billion.
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