BK Group declares Rwf50bn dividend, raises payout ratio to 45%
Friday, March 27, 2026
Bank of Kigali CEO Diane Karusisi and BK Group CEO Uzziel Ndagijimana during a press conference in 2025. Shareholders of BK Group Plc are set to receive Rwf49.6 billion in dividend payouts. Courtesy

Shareholders of BK Group Plc are set to receive Rwf49.6 billion in dividend payouts for the financial year ended December 31, 2025, according to filings submitted to the Rwanda Stock Exchange (RSE).

The payout, representing an increase of more than 81 per cent year-on-year, was approved by the group’s board of directors at a meeting held on March 26, signaling strong earnings performance.

"The Board of Directors reviewed and approved the total dividend payout of RWF 49,585,926,744 for the financial year ended 31 December 2025,” reads the statement signed by the group’s board chair Jean Philippe Prosper.

The group also announced an increase in its payout ratio to 45 per cent of distributable profit, up from 30 per cent.

The proposed distribution, which remains subject to shareholder approval at the upcoming annual general meeting, includes Rwf10.4 billion already paid as interim dividends in January, alongside a net final dividend of Rwf39 billion.

This brings the total dividend per share to Rwf53.04, marking a significant increase from Rwf29.34 in 2024 and Rwf24.18 in 2023.

The group maintained that the increase in payout "underscores sustained focus on value creation for its shareholders.”

The proposed dividend will be paid to shareholders on the register as at May 15, 2026, with payment expected on or about June 19, 2026.

Reinvestment plan

The board also approved a Dividend Reinvestment Plan (DRIP), allowing shareholders the option to reinvest their payouts into additional shares of the company.

"Eligible shareholders may elect to reinvest their cash dividend entitlement into new ordinary shares of BK Group Plc at a 5% discount to the closing market price on 19 May 2026, being the third business day preceding the AGM,” Uzziel Ndagijimana, the group chief executive, said in a statement.

The dividend reinvestment plan’s issue price will be determined separately for each listing venue, with shareholders on the Rwanda Stock Exchange (RSE) receiving shares priced in Rwandan francs, while those on the Nairobi Securities Exchange (NSE), where the group is cross-listed, will be priced in Kenyan shillings.

BK Group added that new shares issued under the reinvestment plan will be subject to both regulatory and shareholder approval.