Safaricom stock (KE0000000547): shares steady as Nairobi price reacts to FY 2026 dividend timetable

Safaricom shares on the Nairobi Securities Exchange traded broadly steady on 06/02/2026 as investors in Kenya focused on the recently announced FY 2026 dividend timetable and the latest guidance around the operator’s mobile data and M-Pesa growth trajectory.

Safaricom shares on the Nairobi Securities Exchange (ticker: SCOM) were broadly unchanged on 06/02/2026, with the Kenyan telecom and mobile money group trading around recent levels as investors digested the latest full-year dividend timetable and operational guidance for its home market in Kenya, according to Nairobi trading data as of 06/02/2026.

The stock traded in Kenyan shillings on the Nairobi Securities Exchange on 06/02/2026, keeping Safaricom among the most actively traded constituents of Kenya’s main equity benchmark as local investors evaluated the FY 2026 payout in the context of continued demand for mobile data and digital payments services.

The company has historically paired its full-year results with a final dividend announcement, and recent data show Safaricom distributing an annual dividend of 2.30 KES per share with a yield of about 7.5% based on past payouts, highlighting the importance of the dividend timetable for income-focused investors.

The latest investor communications from Nairobi emphasize ongoing capital expenditure into 4G and 5G capacity, as well as software platforms supporting the M-Pesa ecosystem, with management reiterating that Kenya remains the core profit center even as regional ventures are being scaled carefully.

Market attention in Kenya on 06/02/2026 also centered on how regulatory conditions and spectrum fees could shape Safaricom’s medium-term cash generation and, by extension, its ability to sustain or grow dividend distributions within the constraints set by the Communications Authority of Kenya and other domestic bodies.

The stock’s liquidity on the Nairobi Securities Exchange provides domestic investors in Kenya with direct exposure to one of the country’s flagship corporate names, while the FY 2026 dividend timetable remains a key reference point for assessing the stability of shareholder returns in the current interest-rate and inflation backdrop.

As of: 06/02/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: SCOM
• Sector/industry: Telecommunications and mobile financial services
• Headquarters/country: Nairobi, Kenya
• Core markets: Kenya and selected East African markets
• Key revenue drivers: Mobile voice, mobile data, and M-Pesa financial services
• Home exchange/listing venue: Nairobi Securities Exchange (SCOM)
• Trading currency: KES

Safaricom: core business model

Safaricom operates as an integrated Kenyan telecom and digital finance provider, generating most of its revenue from mobile connectivity and the high-margin M-Pesa mobile money platform that supports consumer payments and business transactions across its network.

Latest quarterly results for Safaricom at a glance

Safaricom’s most recently reported set of results showed that the company continued to grow service revenue, driven mainly by mobile data usage and M-Pesa transaction volumes, according to its latest earnings release filed in Nairobi.

In that update, management highlighted that customer engagement with data bundles and mobile money services increased compared with the prior comparable period, while capital expenditure remained focused on strengthening network quality, expanding 4G and 5G coverage, and enhancing digital platforms that support payments and enterprise solutions in Kenya.

Conclusion

The current trading in Safaricom shares on the Nairobi Securities Exchange on 06/02/2026 reflects a market still focused on the company’s FY 2026 dividend timetable and the resilience of its Kenyan cash flows.

With the latest quarterly results underlining continued momentum in mobile data and M-Pesa usage, investors in Kenya appear to be weighing the sustainability of these trends against regulatory and macroeconomic factors when assessing the stock’s risk-reward profile.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.