91-day T-bill8.750%â–˛ 0.002
182-day T-bill8.851%â–Ľ 0.008
364-day T-bill9.029%â–˛ 0.002
Central Bank Rate8.75%07/10/2026
Inflation6.8%September 2026
Top MMF yield10.46%Madison
Sources: CBK auction, 2 Nov 2026 value date (change vs 26 Oct); CBK key rates; fund managers' published yields, as at 1 Nov 2026.

BAT Kenya Dividend History, Yield and 2026 Payment Dates

BAT Kenya dividend history 2022-2026: every interim and final payout per share, book closure and payment dates, the KSh 70 total for 2025, and how to work out yield.

BAT Kenya Dividend History, Yield and 2026 Payment Dates

BAT Kenya’s dividend history shows one of the NSE’s largest payouts per share: KSh 70 for the 2025 financial year (a KSh 10 interim plus a KSh 60 final), up from KSh 50 for 2024. The latest payment was a 2026 interim of KSh 10 per share, paid on 25 September 2026 to shareholders on the register on 28 August 2026. Below are all payouts since 2022, totals per year and how to calculate the yield at the price you pay.

Updated 1 November 2026. Sources: CDSC corporate actions and S&P Global dividend data (see bottom).

BAT Kenya dividend history table

Dividend Per share Book closure / record date Payment date
Interim 2026 KSh 10.00 28 Aug 2026 25 Sep 2026
Final FY2025 KSh 60.00 8 May 2026 12 Jun 2026
Interim 2025 KSh 10.00 29 Aug 2025 26 Sep 2025
Final FY2024 KSh 45.00 23 May 2025 25 Jun 2025
Interim 2024 KSh 5.00 30 Aug 2024 27 Sep 2024
Final FY2023 KSh 45.00 24 May 2024 26 Jun 2024
Interim 2023 KSh 5.00 18 Aug 2023 22 Sep 2023
Final FY2022 KSh 52.00 26 May 2023 15 Jun 2023
Interim 2022 KSh 5.00 12 Aug 2022 16 Sep 2022
Final FY2021 KSh 50.00 22 Apr 2022 24 May 2022

Total dividend per share by financial year

Financial year Interim Final Total
2022 KSh 5 KSh 52 KSh 57
2023 KSh 5 KSh 45 KSh 50
2024 KSh 5 KSh 45 KSh 50
2025 KSh 10 KSh 60 KSh 70
2026 KSh 10 Usually announced in February or March –

BAT Kenya pays a small interim in September and a much larger final in May or June. The 2025 total of KSh 70 was the highest in this period, driven by the KSh 60 final. The 2026 interim matched 2025’s KSh 10, double the KSh 5 interims of 2022 to 2024.

How to work out BAT Kenya’s dividend yield

Dividend yield = annual dividend per share Ă· share price Ă— 100. Using the 2025 total of KSh 70, the yield at a few example prices would be:

Example share price Yield on KSh 70
KSh 450 15.6%
KSh 500 14.0%
KSh 550 12.7%
KSh 600 11.7%

Plug in the live price from your broker. Our dividend yield explainer covers why a high yield alone is not a reason to buy: payouts depend on profits, and BAT’s earnings are exposed to excise duty changes and illicit trade.

What a BAT Kenya dividend pays you

Shares 2026 interim (KSh 10) Net after 5% withholding tax (resident)
100 KSh 1,000 KSh 950
500 KSh 5,000 KSh 4,750
1,000 KSh 10,000 KSh 9,500

What to watch before relying on BAT Kenya dividends

A long record of payouts is reassuring, but dividends are paid out of profit and are never guaranteed. S&P Global’s data shows the trailing payout ratio slightly above 100% of earnings, which means the company has recently paid out roughly everything it earned, leaving little room if profits dip. Shareholders usually watch three things: the full-year results and final dividend announcement early in the year, changes to excise duty on cigarettes in each Finance Act, and the company’s own commentary on illicit trade and export markets. A cut in any of these areas can show up first in a smaller final dividend.

It also helps to compare the shilling amount you would receive with safer alternatives. If you hold shares mainly for income, check what the same money would earn in a Treasury bill or money market fund, and remember that share prices can fall even when the dividend holds steady. Spreading income across several companies and sectors, rather than relying on a single high payer, reduces the damage if one company trims its payout.

How to qualify and get paid

  1. Be on the register by the book closure date; buying on or after the ex-dividend date does not qualify. Track dates in our NSE dividend calendar.
  2. Make sure your CDS account has current bank or M-Pesa details with the registrar.
  3. If an old payment never reached you, see how to claim unclaimed dividends.
  4. Compare with another big consumer-goods payer: EABL dividend history.

Frequently asked questions

How much dividend does BAT Kenya pay per share?

KSh 70 for 2025 (KSh 10 interim and KSh 60 final). For 2026 it has so far paid a KSh 10 interim.

When does BAT Kenya pay dividends?

Twice a year: an interim in September and a final in May or June.

When was the last BAT Kenya dividend paid?

25 September 2026: an interim of KSh 10 per share, with book closure on 28 August 2026.

What is BAT Kenya’s dividend yield?

It depends on the price you pay. Divide the annual dividend (KSh 70 for 2025) by the share price and multiply by 100; at KSh 550 that is about 12.7%.

Sources: CDSC corporate actions (2024 payouts); S&P Global data via StockAnalysis for all dates. Read 1 November 2026. Not investment advice.

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About Author

Norah Waceke is a business journalist and editor at Business Radar with more than eight years of experience covering Kenya's economy, companies and markets. She previously worked at one of Kenya's leading digital news platforms, where she reported on business, finance and current affairs. A graduate of Multimedia University of Kenya, Norah focuses on clear, accurate reporting that helps readers understand the money stories shaping their lives and businesses.

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