Following shareholder approval at the 2025 Annual General Meeting of a final dividend of KES 0.65 per share for the fiscal year ending March 31, 2025, Safaricom PLC has maintained a dividend payout of KES 48.08 billion.
According to the announcement made by Safaricom on Friday, KES 0.55 per share interim dividend was paid on or around March 31, 2025, and the total dividend payout for the year is KES 1.20 per share.
The company’s share price increased by 68.7 percent from the previous year, indicating that investors are confident in Safaricom’s stock.
“We closed the financial year on a strong note, surpassing USD 3 billion in total revenue, a clear signal of our business resilience and growth momentum. As at 30 June 2025, Safaricom Plc market capitalisation crossed the KES 1 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.
Following the implementation of forex regime reforms by the Ethiopian government in July 2024, the company has continued to pay out dividends for the past three years, despite the impact of the depreciation of the Birr and the start-up costs of establishing operations in Ethiopia.
Final dividend to be paid on July 31
The final dividend will be paid to the shareholders listed on the Register of Members as of the close of business on July 31, 2025, on or around August 31, 2025.
By the end of this fiscal year, Safaricom’s shareholders will have received KES 255 billion in dividends over the previous five years. As the company sets strategic goals for 2030, this growth trajectory is anticipated to continue.
Safaricom’s Vision 2030 strategy
The company’s Vision 2030 focuses on six strategic priorities to help shape the future of Ethiopia and Kenya and use innovation for social good.
These include: accelerating the acquisition and affordability of 4G devices; using gen AI and hyper-personalisation to segment customers; expanding mobile financial services beyond payments; ensuring Ethiopia has positive EBITDA and sustainable funding; digitising Africa; and connecting more than 2 million homes and businesses through fixed business.
“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.
James Wambugu, Rita Kavashe, and Edward Okaro were re-elected as Board Directors in addition to the dividend approval.