dfcu shareholders approve UGX16.3 billion dividend as 2025 profit rises to UGX74.9 billion

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dfcu Limited shareholders have approved a dividend payout of UGX16.32 billion after the financial services group posted a 2025 net profit of UGX74.9 billion, underlining another year of earnings growth and a stronger balance sheet.

The dividend, which is equivalent to UGX21.81 per share, represents an increase from UGX20.09 per share paid for the 2024 financial year and will amount to UGX16.317 billion, up from UGX15.027 billion paid last year.

The payout was approved at the company’s 61st Annual General Meeting (AGM), where shareholders endorsed the board’s recommendation following improved financial performance during the year.

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The Group profit after tax rose to UGX74.994 billion in 2025 from UGX72.1 billion recorded a year earlier, while shareholders’ equity increased to UGX767.8 billion from UGX704.3 billion, supported by retained earnings and the year’s profit.

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Speaking during the AGM, the bank’s Board Chairman, Jimmy D. Mugerwa, said the results demonstrate the resilience of the group’s strategy despite a challenging operating environment.

“The Board remains committed to delivering sustainable shareholder value while maintaining a strong capital position to support future growth,” Mugerwa noted.

On his part, the banks’s Managing Director and Chief Executive Officer Charles Mudiwa attributed the improved performance to disciplined execution of the group’s strategy and continued growth across the business.

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“Our focus remains on building a future-ready financial institution that creates long-term value for customers, shareholders and the communities we serve,” he said. 

The group’s balance sheet also expanded during the year, with total assets growing by 8% to UGX3.7 trillion, while total income increased by 16% to UGX526 billion. 

Customer deposits in the same period rose by 15% to UGX2.7 trillion, while loans and advances grew 12% to UGX1.2 trillion, reflecting continued business expansion.

The improved performance also translated into higher returns for investors, with earnings per share increasing to UGX100.2 from UGX96.4 in the previous financial year.

The dividend approval reinforces dfcu’s policy of rewarding shareholders while maintaining sufficient capital to support future business growth and lending activities.

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