Airtel Uganda pays $267m in dividends on profit growth
A front view of an Airtel shop. Airtel Uganda has declared a final dividend of Ush2.50 ($0.0007) per share, bringing the total dividend for year ended December 31, 2024 to Ush315 billion ($85 million).
Airtel Uganda has declared a final dividend of Ush2.50 ($0.0007) per share, bringing the total dividend for year ended December 31, 2024 to Ush315 billion ($85 million) at the rate of Ush7.88 ($0.002) per share after taking into consideration quarterly interim dividends offered during the year.
The latest dividend declaration by the Ugandan Securities Exchange-listed telco follows an improvement in the performance of its business that yielded a 6.7 percent growth in net profit to Ush316.74 billion ($85.46 million), buoyed by significant growth in data revenues from Ush296.95 billion ($80.12 million) a year earlier.
