MTN shareholders to receive Shs4 per share in Shs89.6bn dividend payout

MTN Uganda has declared an interim dividend of Shs89.56 billion for the third quarter ended September 30, 2026, offering shareholders a payout of Shs4 per share.

The dividend, approved by the company’s board of directors on November 4, translates into a total payment of Shs89,556,176,956, before deduction of withholding tax.

MTN Uganda said the payment would be made to shareholders electronically through their registered bank accounts or mobile money wallets.

In a notice issued on November 5, the telecommunications company set December 1, 2026, as the book closure date, while the dividend payment is scheduled for December 18.

The book closure date determines which shareholders qualify to receive the declared dividend.

The company has 22,389,044,239 ordinary shares in issue, according to the notice signed by company secretary Enid Edroma.

MTN Uganda has urged shareholders to update their details with their respective Capital Markets Authority-licensed stockbrokers to facilitate timely payment and communication.

The records should include shareholders’ Securities Central Depository (SCD) account details, bank accounts or mobile money numbers, telephone contacts and email addresses.

The company said updated information would help ensure that dividend payments and shareholder communications, including electronic notices sent through SMS and email, reach investors on time.

The declaration was made in accordance with the Uganda Securities Exchange Listing Rules 2025.