I&M Holdings Dividend 2026: KES 3.75 Total Payout, Fifth Straight Year of Growth
I&M Holdings dividend 2026 marks a genuine milestone for the bank — five consecutive years of dividend increases, backed by real, accelerating profit growth. If you’re looking for exactly what I&M Group has paid this year, the key dates, and what’s likely coming next, here’s the complete breakdown.
I&M Holdings’ 2026 Dividend: The Full Picture
I&M Group Plc declared its dividend for the financial year ended 31st December 2025 in two parts, both of which have now been paid in full:
Interim dividend:
- Amount: KES 1.50 per share
- Declared: 26th November 2025, following a 26% year-on-year rise in profit before tax
- Book closure: 15th December 2025
- Payment: On or around 14th January 2026
Final dividend:
- Amount: KES 2.25 per share
- Declared: 25th March 2026, alongside the bank’s full-year results
- Book closure: 17th April 2026
- Payment: On or about 21st May 2026
Combined total for FY2025: KES 3.75 per share — a 25% increase over the KES 3.00 per share paid for the prior year, and the total payout of KES 6.52 billion marks a new record for the bank.
Why the Dividend Grew: The Numbers Behind It
I&M Group’s dividend increase wasn’t a standalone decision — it was directly backed by strong underlying profit growth. Net profit for the year to December 2025 rose 27.6% to KES 18.78 billion, up from KES 14.72 billion the year before. This extends the bank’s dividend growth streak to five straight years, a genuinely consistent track record among Kenya’s listed banks.
A few factors behind the performance:
- I&M Bank Kenya delivered a 26% year-on-year rise in Profit Before Tax, driven by a 21% uplift in total operating income.
- Total assets grew 8% to KES 439 billion, with customer deposits rising 10% to the same figure and loans and advances up 2% to KES 218 billion.
- The bank expanded its physical footprint, adding 12 branches and 11 ATMs in Kenya during the year, bringing its national network to 62 branches.
- Digital engagement remains strong, with 78% of customers digitally active and 81% of transactions now happening outside physical branches.
- Asset quality improved, with the non-performing loans ratio falling to 9.8% from 11.8% the prior year — notable given some regional pressure, particularly in Tanzania, that led the bank to increase its loan loss provisioning even as the NPL ratio improved.
I&M Group Chairman Oliver Fowler summarised the result directly: “Following this strong performance, the Board of Directors has proposed a KES 1.70 [sic, refers to prior comparative] final dividend, which, together with the interim dividend… totals KES 3.00 per share” referencing the prior year’s comparable growth pattern that has now continued into this latest, larger increase.
About I&M Group
I&M Group Plc operates as an investment holding company, with subsidiaries spanning I&M Bank Kenya, I&M Bank Tanzania, I&M Realty, and I&M Insurance Agency, alongside operations extending into Rwanda and other regional markets.
The Group is recognised as a Tier 1 financial institution in Kenya, and has been actively shifting its focus beyond traditional corporate and commercial banking into retail and SME lending, a strategy that’s helping accelerate its branch and customer growth. I&M Bank Kenya is led by Regional CEO Kihara Maina, alongside Chief Finance Officer David Ngata.
What This Means for I&M Shareholders
- Both FY2025 dividends have already been paid — if you held shares through both the December 2025 and April 2026 book closure dates, you’ve received the full KES 3.75 per share for the year.
- The five-year growth streak is a genuinely strong signal, but it’s worth remembering that continued increases depend on continued profit growth — the bank did flag increased loan loss provisioning due to regional pressure, particularly in Tanzania, which is worth monitoring.
- Watch for the next interim dividend announcement, typically expected around November, tied to the bank’s nine-month results — based on the current pattern, this is the next date to watch on the calendar.
- As with any NSE dividend, plan your share purchases several business days ahead of any announced book closure date to account for standard settlement timelines, rather than buying on the record date itself.
Frequently Asked Questions
How much dividend did I&M Holdings pay for 2026? A combined total of KES 3.75 per share for FY2025 — KES 1.50 interim (paid January 2026) plus KES 2.25 final (paid May 2026) — a 25% increase over the prior year’s KES 3.00 total.
How many years in a row has I&M Group increased its dividend? Five consecutive years, based on the FY2025 payout representing the latest in that streak.
What drove I&M Group’s dividend increase? A 27.6% rise in net profit to KES 18.78 billion, driven by strong income growth, asset expansion, branch network growth, and improved asset quality, with the non-performing loan ratio falling from 11.8% to 9.8%.
Is I&M Holdings’ dividend safe going forward? The underlying profit growth supporting this year’s increase was genuine and broad-based, though the bank has flagged some regional loan-quality pressure (particularly in Tanzania) that increased provisioning — a factor worth monitoring rather than a current red flag.
When is I&M Group’s next dividend expected? Based on the established pattern, the next interim dividend announcement is typically expected around November, tied to the bank’s nine-month results.
This article is for educational purposes only and does not constitute financial or investment advice. Dividend amounts and payment dates are subject to shareholder approval and can change — confirm current details via the Nairobi Securities Exchange Corporate Actions feed or I&M Group’s own investor relations page before making investment decisions.
