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Capital Markets
Safaricom signals higher dividend on better-than-expected profit
Friday November 10 2023
From Left; CEO of Safaricom Telecommunications Ethiopia PLC Wim Vanhelleputte, CEO of Safaricom PLC Peter Ndegwa and Chief Finance Officer Dilip Pal during Safaricom’s 2023/2024 half year financial results announcement on November 9, 2023, at Michael Joseph Centre. PHOTO | BILLY OGADA | NMG
Safaricom Plc has signalled a raise in its dividend payout to shareholders under the current financial year after posting a better-than-expected profit for the half year to September despite significant startup costs in Ethiopia.
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