MTN Uganda declares 51.5% higher interim dividend

Brenda Luwedde
1 Min Read

MTN Uganda has declared an interim dividend of UGX 10 per share for the first half of 2025, a 51.5% increase from last year, anchored on strong underlying earnings and robust cash flow. The telecom posted a profit after tax of UGX 267 billion, down 9.7%, mainly due to a one-off UGX 110.9 billion tax settlement. Without this impact, underlying profit would have grown by 27.8% to UGX 377.9 billion. Service revenues grew by 13.3%, supported by a surge in data income, as affordable bundles and the Pay Mpola Mpola device financing plan boosted active data users. Fintech revenue climbed 18.6%, with mobile money transactions rising to 2.4 billion, valued at UGX 89.3 trillion.

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