CIC Insurance Group Dividend 2026: Payout, Yield & Profit Behind It
The CIC Insurance Group dividend for 2026 paid KES 0.13 per share on June 9, 2026, for the year ended December 31, 2025. It’s a small dividend on a low-priced stock, but it’s grown for two years running and is backed by a fast-improving profit line.
CIC Insurance Group (NSE: CIC) is one of Kenya’s largest insurers by market share, covering general insurance, life assurance, health cover and asset management. Here are the dates, the payout by holding size, and what its 2026 results say about next year’s dividend.
CIC Insurance Group Dividend 2026 at a Glance
| Detail | Confirmed figure |
|---|---|
| FY2025 dividend | KES 0.13 per share |
| Book closure / record date | April 23, 2026 |
| Ex-dividend date | April 24, 2026 |
| Payment date | June 9, 2026 (paid) |
| Payout ratio | About 56% of earnings |
| Withholding tax (resident individuals) | 5% |
This dividend has already been paid. The next one to watch is the FY2026 dividend, expected with results around March 2027.
CIC Insurance Group Dividend History
| Financial year | Dividend per share | Change |
|---|---|---|
| 2024 | KES 0.12 | — |
| 2025 | KES 0.13 | +8.3% |
CIC pays once a year rather than an interim and final. Over the past decade, the dividend has grown by an average of about 2.7% a year, but payments have been volatile, so don’t expect steady, predictable increases every year.
CIC Insurance Group Results: Why Profit Is Growing
CIC’s dividend is small partly because its share price is low and partly because the group is still building back from tougher years. But the direction is strongly positive.
For the six months to June 30, 2026:
- Profit after tax rose 70.3% to KES 1.09 billion, from KES 640 million a year earlier.
- Profit before tax rose 30% to KES 1.56 billion.
- Insurance revenue rose 17.8% to KES 16.34 billion.
- Investment returns rose 43.9% to KES 3.96 billion, the biggest driver of the profit jump.
- Earnings per share rose to KES 0.38, from KES 0.23.
Read more in Kenyan Wallstreet’s H1 2026 breakdown and Khusoko’s coverage.
The catch: most of that growth came from investments, not the core insurance business. CIC’s insurance service result, a measure of underwriting profit, fell 67.2% to KES 42 million, from KES 128.2 million a year earlier. Insurance profit is being squeezed even as overall group profit surges.
CIC Insurance Group Share Price and Dividend Yield
CIC shares closed at KES 4.77 on September 22, 2026, giving the company a market capitalisation of about KES 13.8 billion.
At that price, the FY2025 dividend of KES 0.13 is a gross yield of about 2.7%, below the 3.4% average for Kenyan insurers. The dividend uses about 56% of earnings, a comfortable payout ratio backed by strong cash flows.
Prices move daily, so check a live quote before you calculate.
How Much Will You Earn?
Resident individuals pay 5% withholding tax on dividends, deducted at source.
| Shares held | Gross dividend (KES 0.13) | Tax (5%) | Net dividend |
|---|---|---|---|
| 1,000 | KES 130 | KES 6.50 | KES 123.50 |
| 5,000 | KES 650 | KES 32.50 | KES 617.50 |
| 10,000 | KES 1,300 | KES 65 | KES 1,235 |
| 50,000 | KES 6,500 | KES 325 | KES 6,175 |
Because the share price is low, holding a large number of shares is affordable. Try your own numbers in our NSE dividend calculator.
Is the CIC Insurance Group Dividend Sustainable?
Strengths:
- Earnings per share has grown 54% over the past five years, a strong long-run trend.
- The 56% payout ratio leaves room for reinvestment and weathering a weaker year.
- Regional subsidiaries are growing: CIC South Sudan’s insurance revenue jumped 71% in H1 2026, and CIC Malawi grew 5%.
- The group’s asset management arm is expanding fast, with fund management fees up over 25% and assets under management climbing.
Risks to watch:
- Weak underwriting. The core insurance business, not investments, is what an insurer is supposed to profit from. A 67% drop in the insurance service result is a real warning sign if it continues.
- Regional mix. CIC Uganda’s insurance revenue fell 31% in H1 2026, a drag on an otherwise growing group.
- Investment-driven earnings can reverse. Much of the 2026 profit surge came from investment returns, which are more volatile than steady premium income.
- Thin, low-priced stock. At under KES 5 a share, CIC can be more volatile in percentage terms than higher-priced peers.
How to Qualify for the Next CIC Dividend
- Hold shares in your own CDS account. New to the NSE? Start with our NSE trading guide or how to buy shares in Kenya.
- Buy before the T+3 deadline. Trades settle three business days later, so buy at least three business days before any announced book closure.
- Link a valid KRA PIN for the correct 5% resident tax rate.
- Keep your bank details current with your broker or CDSC.
Track every payout on our NSE dividend calendar.
CIC Insurance Group vs Other NSE Insurers
CIC’s per-share dividend looks tiny next to Jubilee Holdings’ KES 15, but that’s mostly because Jubilee’s share price is over 70 times higher. Compare yields, not shillings, when you weigh insurers against each other.
Read our Jubilee Holdings dividend guide for a higher-priced insurer that pays twice a year, or see the best dividend stocks in Kenya and blue-chip stocks guide for the wider picture. You can also browse all NSE stocks and dividendscoverage.
Frequently Asked Questions
What is the CIC Insurance Group dividend for 2026? CIC paid a KES 0.13 per share dividend on June 9, 2026, for the financial year ended December 31, 2025.
When is the CIC Insurance Group dividend payment date? The FY2025 dividend was paid on June 9, 2026. The next dividend, for FY2026, is expected around mid-2027.
What is CIC Insurance Group’s dividend yield? About 2.7% at a share price of KES 4.77, below the roughly 3.4% average for Kenyan insurers.
Does CIC pay an interim dividend? No. CIC pays one dividend a year, after its full-year results.
How much tax is deducted from CIC dividends? Resident individuals pay 5% withholding tax, deducted at source.
Is the CIC Insurance Group dividend safe? It’s backed by a payout ratio of about 56% of earnings, comfortable and well covered by cash flow. The main concern is weak underwriting profit, even as overall group profit has grown fast on investment income.
This article is for educational purposes only and is not financial advice. Dividends are decided by the board, subject to shareholder approval, and can change. Confirm details with CIC Insurance Group, the NSE and CDSC before investing.
