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 2 Nov 2026.

NCBA Dividend History: Payouts and 2026 Dates

NCBA dividend history: every payout per share, book closure and payment dates since 2021, yearly totals and what you earn per 1,000 shares.

NCBA Dividend History: Payouts and 2026 Dates

NCBA dividend history: NCBA Group PLC declared KSh 8.35 per share in dividends over the last 12 months, a yield of about 9.5% at the 21 Oct 2026 closing price of KSh 88.00. The latest dividend was KSh 3.75 per share, paid on 8 Sep 2026 to shareholders on the register on 28 Aug 2026. Below is every NCBA payout since 2021, totals by year, what the payments are worth on 100 to 1,000 shares and how to qualify.

Updated 1 November 2026. Figures are from S&P Global Market Intelligence dividend data (see sources below). Amounts are per share, before withholding tax.

NCBA dividend history table

Payment date Dividend per share Book closure / record date Ex-dividend date
8 Sep 2026 KSh 3.75 28 Aug 2026 31 Aug 2026
26 May 2026 KSh 4.60 30 Apr 2026 4 May 2026
2 Oct 2025 KSh 2.50 18 Sep 2025 19 Sep 2025
28 May 2025 KSh 3.25 30 Apr 2025 2 May 2025
25 Sep 2024 KSh 2.25 11 Sep 2024 12 Sep 2024
29 May 2024 KSh 3.00 30 Apr 2024 2 May 2024
28 Sep 2023 KSh 1.75 14 Sep 2023 15 Sep 2023
31 May 2023 KSh 2.25 28 Apr 2023 2 May 2023
30 Sep 2022 KSh 2.00 15 Sep 2022 16 Sep 2022
5 May 2022 KSh 2.25 29 Apr 2022 4 May 2022
12 Oct 2021 KSh 0.75 28 Sep 2021 29 Sep 2021

Total NCBA dividend per share by year paid

Year paid Payments Total per share
2026 2 KSh 8.35
2025 2 KSh 5.75
2024 2 KSh 5.25
2023 2 KSh 4.00
2022 2 KSh 4.25
2021 1 KSh 0.75

NCBA pays twice a year: a final dividend paid around late May and an interim paid in September or October. Note that NCBA shares have been affected by Nedbank’s offer for control of the group; see our Nedbank offer and trading suspension report before buying for dividends. Years are grouped by when the money was paid, not by the financial year the dividend relates to, so a year with two payments is not necessarily a bigger year for profits.

What NCBA dividends pay you

Using the KSh 8.35 per share declared in the last 12 months:

Shares held Gross dividend Net after 5% withholding tax (resident individual)
100 KSh 835.00 KSh 793.25
500 KSh 4,175.00 KSh 3,966.25
1,000 KSh 8,350.00 KSh 7,932.50
10,000 KSh 83,500.00 KSh 79,325.00

At KSh 88.00 a share, 1,000 NCBA shares cost about KSh 88,000 before brokerage fees, so the dividend yield is roughly 9.5%. Yields change every day with the share price; our dividend yield explainer shows how to work it out yourself, and past dividends do not guarantee future ones.

How to qualify for NCBA dividends

  1. Own the shares before the ex-dividend date. If you buy on or after that date, the seller gets the dividend. Track upcoming dates in our NSE dividend calendar.
  2. Hold them in your own CDS account through a licensed stockbroker; see how to buy shares on the NSE. Keep your bank or M-Pesa details up to date with the share registrar so payments are not returned.
  3. Claim anything missing. Unpaid dividends are eventually transferred to the Unclaimed Financial Assets Authority; see how to check and claim unclaimed dividends.

Related: ncba online trading account; who owns the most ncba shares top 10 shareholders as nedbank moves to acquire control. For a large-cap comparison, see Safaricom’s dividend history.

We update this NCBA dividend history page after each dividend announcement, so check back after the next results. Readers searching for ncba dividend history usually also want the next payment date; the NSE dividend calendar above lists confirmed dates across listed companies.

Frequently asked questions

How much is the NCBA dividend per share?

KSh 8.35 per share was declared in the 12 months to 1 November 2026. The most recent payment is KSh 3.75, paid on 8 Sep 2026.

When does NCBA pay dividends?

NCBA pays twice a year: a final dividend paid around late May and an interim paid in September or October.

What is the NCBA dividend yield?

About 9.5%, based on KSh 8.35 of dividends over 12 months and a share price of KSh 88.00 at close on 21 Oct 2026.

Is tax deducted from NCBA dividends?

Yes. Withholding tax is deducted before payment; for resident individual shareholders of NSE-listed companies the rate is 5%.

How do I check if I have unpaid NCBA dividends?

Contact NCBA’s share registrar with your CDS account number or check the Unclaimed Financial Assets Authority database if the dividend is several years old.

Sources: S&P Global Market Intelligence dividend data via StockAnalysis (NCBA), read 1 November 2026; withholding tax rate from the Kenya Revenue Authority. 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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