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Dar es Salaam Stock Exchange
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Dividend Distribution

What is cash dividend?

A dividend is a reward paid to the shareholders of a company for their investment in its equity. Companies can decide to distribute dividends out of corporate earnings to eligible shareholders, or they might decide to retain earnings so that they can invest back into the company's future business activities.

The decisions to pay dividends and the amounts to be distributed are taken by a company's Board of Directors. Dividend distribution can be in the form of shares, cash or a hybrid, paid at a scheduled frequency.

Select Year
CompanyAnnouncedDividend per Share (TZS)Books ClosurePayment DateDocument
VODA27 Jul 202623.9119 Aug 202615 Oct 2026 PDF
TBL27 Apr 2026529.0019 May 202627 May 2026 PDF
CRDB14 Apr 202690.0006 May 202601 Jun 2026 PDF
NICO01 Sep 202570.0024 Sep 202530 Nov 2025 PDF