dfcu Bank headquarters
HABARI DAILY I Kampala, Uganda I Shareholders of dfcu Limited are set to receive a total dividend payout of approximately Shs 16.3 billion for the financial year ending December 31, 2025, according to a March 2026 report, representing a continued increase in returns following a strong 2024 performance.
Based on the latest financial results (as of March 30, 2026), the lender proposed a dividend of Shs 21.8 per share, which is an increase from the Shs 20.1 per share paid for the year 2024.
The proposed payout by dfcu Limited signals growing confidence in the bank’s financial strength and its commitment to delivering value to shareholders, even amid a challenging economic environment.
In its 2025 financial results, dfcu reported a profit after tax of Shs74.9 billion, up from Shs72.1 billion in 2024. Earnings per share also improved to Shs100.2, underlining the Group’s steady performance and ability to sustain returns.
The bank said the dividend proposal is part of a broader strategy to balance investor rewards with long-term sustainability. “This approach balances shareholder returns with the need to support future growth at acceptable risk levels,” dfcu noted in its report.
The Group’s performance was largely driven by its main subsidiary, dfcu Bank, which posted a profit after tax of Shs81.5 billion. Total income grew by 16 percent to Shs526 billion, supported by a 20 percent rise in non-funded income to Shs108 billion.
Customer deposits rose to Shs2.7 trillion, while the loan book expanded to Shs1.3 trillion, pointing to sustained business growth and customer confidence. Asset quality remained stable despite tight liquidity conditions in the market.
The improved dividend comes at a time when many businesses are grappling with high financing costs and constrained access to credit. dfcu acknowledged that while Uganda’s economy remained relatively stable in 2025, operating conditions were tougher, with global trade disruptions and geopolitical tensions creating uncertainty.
Against this backdrop, the bank said it focused on cost discipline, efficient capital allocation, and operational improvements to maintain profitability and safeguard shareholder value.
Analysts say the increased dividend payout reflects prudent management and a cautious optimism about future performance. By slightly raising the dividend, dfcu is signaling resilience while retaining enough capital to support growth initiatives.
The bank is currently undergoing what it describes as a “reengineering phase,” aimed at boosting efficiency and enhancing customer experience. Digital transformation remains central to this strategy, with 68 percent of customers now using the *240# USSD platform and mobile lending services.
Additionally, dfcu highlighted the transition of the Agribusiness Development Center (ADC) to the dfcu Foundation as part of its broader social impact agenda, which is expected to strengthen support for community-based enterprises.
For shareholders, the proposed Shs21.8 dividend represents not just a higher payout, but also a vote of confidence in the bank’s long-term strategy and financial resilience in a dynamic economic landscape.
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