Safaricom Sustains KES 48 Billion Dividend Payout as Shareholders Endorse Vision 2030 Strategy
NAIROBI, Kenya, July 27, 2025 – Safaricom PLC (NSE: SCOM) will maintain a KES 48.08 billion dividend payout for the third consecutive year, following shareholder approval during its 17th Annual General Meeting. Investors endorsed a final dividend of KES 0.65 per share for the financial year ended March 31, 2025, bringing the total annual payout to KES 1.20 per share, inclusive of an interim dividend of KES 0.55 paid in March.
The decision comes amid a surge in Safaricom’s share price, which rose 68.7 percent year-on-year, reflecting strong investor confidence and robust financial performance. The company closed the financial year with revenue exceeding USD 3 billion and a market capitalisation of over KES 1 trillion as of June 30, 2025 reinforcing its position as one of the most valuable listed firms in the region.
“We closed the year on a strong note, surpassing USD 3 billion in total revenue a clear signal of our business resilience and growth momentum,” said Group CEO Dr. Peter Ndegwa. “Crossing the KES 1 trillion market cap underscores investor confidence and belief in our long-term Vision 2030 strategy.”
Despite the capital-intensive rollout of its Ethiopian operations and currency headwinds stemming from forex reforms introduced by the Ethiopian government in 2024, Safaricom has upheld its dividend payout levels. The final dividend will be payable on or about August 31, 2025, to shareholders on record as of July 31, 2025.
Over the past five years, the telecom giant has distributed KES 255 billion in cumulative dividends, with continued growth anticipated as it sharpens focus on its Vision 2030 blueprint.
The strategy revolves around six pillars, including expanding mobile financial services, enhancing fixed broadband reach, promoting digital inclusion, and ensuring the Ethiopian unit’s profitability and sustainability.
“We are future-proofing Safaricom by balancing current growth with forward-looking innovation,” said Board Chairman Adil Khawaja. “Since launching Vision 2025 in FY2021, we have achieved a 48.6 percent Group revenue increase, translating to a CAGR of 8.2 percent.”
In board developments, shareholders also re-elected Edward Okaro, Rita Kavashe, and James Wambugu to continue serving as directors.
