Safaricom has started paying shareholders its final Sh46.08 billion dividend ahead of the official September 4 payment date, giving investors early access to the telecoms giant’s record payout.
The company approved a final dividend of Sh1.15 per share at its July 31 annual general meeting for shareholders on the register by the August 4 book closure date. Together with the Sh0.85 interim dividend paid in March, the full-year dividend totals Sh2 per share.
The overall distribution of Sh80.13 billion is 66.7 percent higher than the Sh48.08 billion paid for the previous financial year, making it the largest dividend payout in Safaricom’s history.
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