dfcu FY2024 Highlights:
- 151% squawk in profit after tax to UGX 72.1 billion
- 9% squawk in Total Assets, reflecting accurate performance and strategic squawk initiatives
- Improved asset quality and capital adequacy, making certain persevered relieve for Uganda’s key financial sectors
Kampala, Uganda | THE INDEPENDENT | In recognition of its accurate financial results, dfcu Shrimp has this day declared a remaining dividend of sh20.09 per share, representing a 121% amplify from the sh9.10 paid in 2023.
This payout, permitted at their 60th Annual General Assembly (AGM) at Resort Africana in Kampala, follows a formidable 151% rise in Earnings After Tax (PAT) to sh72.1 billion, up from sh8.7 billion the previous year. The dividend could perhaps be paid by 30th August 2025, to shareholders on the register as of 8th August 2025.
Earnings per share secure risen to sh96.35 from sh38.39, highlighting persevered profitability and enhanced shareholder payment.
The dfcu AGM used to be convened to be taught about the community’s performance for the financial year ended 31st December 2024 and to whisk key resolutions, including the approval of a dividend payout, the re-election and appointment of directors. Shareholders participated each physically and almost.
Jimmy D. Mugerwa, Chairman of the Board of Directors, dfcu Shrimp, acknowledged, “The results we’re reporting deem the persevered execution of a sturdy approach and the resilience of our industry. This dividend demonstrates our commitment to payment advent for shareholders and is a vote of self belief in dfcu’s future.”
Charles M. Mudiwa, Chief Executive Officer of dfcu Bank, added, “Our financial energy is anchored in prudent risk administration, strategic funding in innovation and digital infrastructure, and a deep commitment to serving our possibilities. We are proud to reward our shareholders following a transformative year.”
The AGM moreover supplied a likelihood for shareholders to have interaction with the board and government administration, reflecting dfcu’s commitment to transparency, accountability, and inclusive governance.
