Airtel shareholders to share sh72b in interim dividend

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Listed telecom firm Airtel Uganda has told its shareholders they will receive an interim dividend of sh1.8 per share for the quarter ended March 31, with payment due by early July.

The company, a subsidiary of Airtel Africa, has approved a total payout of sh72b. Godfrey Bakibinga, the company secretary, said in a statement that shareholders on the register by the close of business on June 10 will qualify. 

This dividend comes as Airtel continues to show solid performance. The interim dividend adds to previous payouts and underscores the cash-generating ability of the business in a market where mobile money and data services keep expanding.

Airtel’s profit after tax for the period ending December 2025 climbed to sh446.8b. Revenue crossed the sh2 trillion mark for the first time, rising 13.3% to sh2.2 trillion from sh1.9 trillion in 2024. The growth was driven largely by data and value-added services, according to the company's financials.

Data revenue and value-added services brought in about sh1.1 trillion, up from sh899b the previous year, as more customers came online and used more data. Voice revenue, including interconnect, also edged higher to slightly more than sh1 trillion from sh995b.

The total customer base grew 19.2% year on year. Subject to shareholder approval, directors recommended a final dividend of sh3.55 per share for 2025.

Stock performance

Airtel’s share price climbed back to its IPO level of sh100 per share and pushing higher. The rebound is from an all-time low of sh58 in January 2025. Recent months have seen steady gains, with the price hitting new highs around the current level of sh145.