5 March 2026
COOP Dividend 2026: Record KES 2.50 Per Share — Payment Dates & Earnings
The COOP dividend 2026 has been confirmed at KES 2.50 per share total — a 67% increase from the KES 1.50 paid last year and the largest payout in Co-operative Bank’s history. This guide covers the confirmed figures from today’s FY2025 results, exactly how much you will earn by shareholding, and the key dates you must know before the final dividend is paid.
COOP Dividend 2026 — Key Numbers at a Glance
| Metric | Value |
|---|---|
| NSE ticker | COOP |
| Total dividend per share (FY2025) | KES 2.50 |
| Interim dividend paid (December 2025) | KES 1.00 |
| Final dividend proposed | KES 1.50 |
| Previous year total dividend | KES 1.50 |
| Dividend increase | +67% |
| FY2025 profit after tax | KES 39.9 billion |
| Current share price | ~KES 30.00 |
| Dividend yield at current price | ~8.3% |
| Payout ratio | ~34.6% — highly sustainable |
COOP Dividend 2026 — Confirmed FY2025 Results
Record profit and doubled dividend
Co-operative Bank recorded a net profit of KES 39.9 billion for FY2025, and shareholders will receive a total dividend of KES 2.50 per share — up from KES 1.50 paid in 2024. This is a 67% increase in the total dividend per share in a single year — the largest jump in Co-operative Bank’s dividend history.
At the nine-month stage, profit after tax had already reached KES 21.6 billion — a 12.3% increase — with total assets at KES 815.3 billion, loans up 6.6% to KES 406.5 billion, and customer deposits up 6.7% to KES 548.6 billion.
| Metric | FY2024 | FY2025 | Change |
|---|---|---|---|
| Profit after tax | ~KES 24 billion | KES 39.9 billion | Strong growth |
| Total assets | ~KES 752 billion | ~KES 840 billion | +8.6% |
| Net loans | ~KES 381 billion | ~KES 406 billion | +6.6% |
| Customer deposits | ~KES 514 billion | ~KES 549 billion | +6.7% |
| Total dividend per share | KES 1.50 | KES 2.50 | +67% |
The dividend structure
The KES 2.50 total comprises a final dividend of KES 1.50 and an interim dividend of KES 1.00 paid in December 2025. If you were on the COOP shareholder register on November 26, 2025, you have already received the KES 1.00 interim dividend. The KES 1.50 final dividend will be paid after AGM approval — exact dates to be announced.
How Much Will You Earn — Complete Earnings Table
COOP dividend 2026 — net earnings by shareholding after 5% withholding tax.
| Shares held | Gross total dividend (KES 2.50) | Tax (5%) | Net total | Final dividend net (KES 1.50) |
|---|---|---|---|---|
| 100 shares | KES 250 | KES 13 | KES 238 | KES 142 |
| 500 shares | KES 1,250 | KES 63 | KES 1,188 | KES 713 |
| 1,000 shares | KES 2,500 | KES 125 | KES 2,375 | KES 1,425 |
| 2,000 shares | KES 5,000 | KES 250 | KES 4,750 | KES 2,850 |
| 5,000 shares | KES 12,500 | KES 625 | KES 11,875 | KES 7,125 |
| 10,000 shares | KES 25,000 | KES 1,250 | KES 23,750 | KES 14,250 |
Tax note: 5% withholding tax for Kenyan resident individuals is deducted automatically. No filing required.
Investment context: COOP’s current share price is KES 30.00, having gained 25.3% year-to-date — ranking 12th on the NSE by year-to-date performance. At KES 30 per share, 1,000 shares requires a KES 30,000 investment generating KES 2,375 net annual dividend — a yield of approximately 7.9% on current purchase price. At the January price of KES 23.95, early-year buyers are now sitting on 8.3%+ yield on their purchase price plus 25% capital gain.
COOP Dividend History — Updated 5-Year Table
The COOP dividend 2026 of KES 2.50 continues five consecutive years of dividend growth.
| Year | Total DPS | Structure | Share price (Jan) | Yield |
|---|---|---|---|---|
| 2021 | KES 1.00 | Final only | ~KES 14 | ~7.1% |
| 2022 | KES 1.00 | Final only | ~KES 14 | ~7.1% |
| 2023 | KES 1.10 | Final only | ~KES 13 | ~8.5% |
| 2024 | KES 1.25 | Final only | ~KES 12.50 | ~10.0% |
| 2025 | KES 1.50 | Final only | ~KES 12.00 | ~12.5% |
| 2026 | KES 2.50 | KES 1.00 interim + KES 1.50 final | KES 23.95 | ~10.4% |
The most significant change in 2026 is not just the higher dividend — it is the structural shift to a two-payment model. COOP paid its first-ever interim dividend in December 2025, matching KCB Group in offering shareholders twice-yearly income. This signals management confidence in the sustainability of the higher payout level.
Key Dates — What to Watch
Mark your calendar for the COOP dividend 2026 book close — expected May 2026.
The KES 1.00 interim was already paid in December 2025. For the KES 1.50 final dividend:
| Event | Expected timing |
|---|---|
| AGM notice | April 2026 |
| Ex-dividend date | ~May 2026 |
| Book close date | ~Mid-May 2026 |
| Payment date | ~June 2026 |
Exact dates will be confirmed with the AGM notice. Check nse.co.ke and coop.co.ke for official announcements. Based on FY2024 pattern: book close was May 2025, payment June 2025.
The T+3 rule: Buy COOP shares at least five business days before the ex-dividend date to ensure settlement by book close. NSE shares take three business days to settle after purchase.
Before book close: Verify your CDS account has a current, active Kenyan bank account registered. If you have changed banks since opening your CDS account, update your details with your broker now.
For SACCO members: If you hold COOP shares through your SACCO’s collective investment scheme, the dividend is paid to the SACCO first and distributed to members according to your society’s rules. Check with your SACCO administrator for their specific timeline and distribution process.
Is the COOP Dividend 2026 Sustainable?
The COOP dividend 2026 payout ratio of 34.6% is among the most conservative on the NSE.
Co-operative Bank’s payout ratio is 34.6% — meaning the bank retains 65.4% of its profits for growth and capital requirements. At this payout ratio, COOP could absorb a 50% fall in profits and still afford to pay the full KES 2.50 dividend. This is one of the most conservatively structured high-yield dividends on the NSE.
What supports the dividend going forward:
The cooperative banking model provides genuine stability. COOP’s customer base — farmers, teachers, SACCO members, county employees, rural cooperatives — is more geographically diversified and less cyclically sensitive than urban commercial banking. When Nairobi corporate banking slows, agricultural cooperative lending often holds steady.
Digital banking growth is accelerating — loans and advances increased 6.6% and customer deposits grew 6.7% in the nine months to September 2025. MCo-op Cash mobile banking is expanding COOP’s reach into underserved rural markets that commercial banks cannot easily serve.
The one risk to monitor: Agricultural sector stress. COOP’s exposure to farmer cooperatives means a drought year or collapse in commodity prices affects loan repayment quality. This is a real risk but one that COOP has managed through multiple agricultural cycles.
COOP Share Price — The 2026 Rally
COOP began the year at KES 23.95 and has since gained 25.3%, reaching KES 30.00 — ranking 12th on the NSE in year-to-date performance. The rally reflects two things: genuine improvement in COOP’s underlying profitability, and the broader banking sector re-rating as NSE investors rotate into dividend-paying stocks. The 67% dividend increase announced today will likely extend the rally further as income investors who were unaware of COOP’s dividend upgrade discover the story.
At KES 30.00 the yield is approximately 8.3% on the KES 2.50 total dividend. At the January price of KES 23.95, the yield on cost for early-year buyers is approximately 10.4%.
COOP vs NSE Banking Peers — How It Compares
| Bank | Total DPS | Share price | Yield | Payout ratio | FY2025 profit trend |
|---|---|---|---|---|---|
| Standard Chartered | ~KES 45.00 | ~KES 338 | ~13.3% | 123% | -38% |
| Stanbic Holdings | KES 22.35 | ~KES 197 | ~11.3% | 64% | Flat |
| COOP | KES 2.50 | ~KES 30 | ~8.3% | 34.6% | Strong growth |
| KCB Group | KES 7.00 | ~KES 76 | ~9.2% | 33% | +11% |
| Equity Group | KES 5.75 | ~KES 50 | ~11.5% | 29% | +55% |
COOP sits at the intersection of good yield (8.3%) and excellent dividend safety (34.6% payout). While Standard Chartered offers a higher headline yield, its 123% payout ratio after a 38% profit decline makes it significantly riskier. COOP’s growing profits and conservative payout make it one of the most dependable income stocks on the NSE.
For the complete NSE dividend yield rankings see our Top NSE Dividend Stocks Kenya 2026.
Should You Buy Before the COOP Dividend 2026 Ex-Date?
At KES 30 per share with a KES 2.50 dividend (8.3% yield) and 34.6% payout ratio backed by growing profits, COOP represents good value for income investors at current prices.
At what price does COOP become very attractive?
| Share price | Yield on KES 2.50 | Assessment |
|---|---|---|
| Below KES 25 | Above 10% | Very attractive |
| KES 25–33 | 7.6–10% | Attractive — current range |
| KES 33–40 | 6.3–7.6% | Fair value |
| Above KES 40 | Below 6.3% | Premium |
Who should own COOP:
- SACCO members who want to invest in the bank that serves their cooperative movement
- Income investors wanting a dependable 8%+ yield with conservative payout
- First-time NSE investors — at KES 30 per share the entry cost is more accessible than KCB (KES 76) or Equity (KES 50)
- Long-term holders who believe in Kenya’s expanding cooperative sector
How to Qualify for the COOP Final Dividend
Three requirements:
1. Own COOP shares before the ex-dividend date Expected in May 2026 — confirm at nse.co.ke when announced. Buy at least five business days before to ensure T+3 settlement.
2. Valid CDS account in your name Linked to your KRA PIN, active and current. If you do not have a CDS account yet, see our How to Invest in NSE Kenya 2026 guide — takes five to ten business days to open.
3. Current bank account registered on CDS All major Kenyan banks accepted. Verify your registered bank details before May 2026.
FAQ
What is the COOP dividend 2026 per share?
KES 2.50 total — comprising KES 1.00 interim already paid in December 2025 and KES 1.50 final payable after AGM approval in mid-2026. After 5% withholding tax, the net total is KES 2.375 per share.
When is the Co-operative Bank dividend payment date 2026?
The KES 1.00 interim was paid December 2025. The KES 1.50 final dividend payment date will be confirmed with the AGM notice expected in April 2026. Based on the FY2024 pattern, expect book close in May and payment in June 2026. Check coop.co.ke for official confirmation.
Is COOP a good investment in 2026?
At KES 30 with 8.3% yield, 34.6% payout ratio, and strong profit growth, COOP is one of the better-valued dividend stocks on the NSE. The 67% dividend increase confirmed today — from KES 1.50 to KES 2.50 — significantly changes the income case for this stock.
Can SACCO members buy COOP shares individually?
Yes. Any Kenyan with a CDS account can buy COOP shares through a licensed NSE stockbroker regardless of SACCO membership. SACCO members can also check whether their SACCO holds COOP shares collectively — in which case dividends may flow through the SACCO to members automatically.
More NSE Dividend Guides
- KCB Dividend 2026 — record KES 7.00 per share, pays twice yearly
- Equity Bank Dividend 2026 — record KES 5.75 per share after 55% profit jump
- Top NSE Dividend Stocks Kenya 2026 — full yield rankings across the NSE
- NSE Dividend Calendar 2026 — all payment dates in one place
- How to Invest in NSE Kenya 2026 — start with KES 5,000
- Best Money Market Funds Kenya 2026 — where to save while building your NSE portfolio
FY2025 results confirmed March 19, 2026. Final dividend subject to AGM approval — verify exact book close and payment dates at coop.co.ke. Share price KES 30.00 as at March 6, 2026. This article is for educational purposes only and does not constitute financial advice.