Airtel Africa (AAFRF) Dividend

Airtel Africa Plc · Communication Services · Telecom Services · semiannual payer

$3.95

As of Nov 5, 2026, Airtel Africa (AAFRF) pays a twice-yearly dividend, or $0.07 a year, a 1.80% yield at its $3.95 share price. The next ex-dividend date is Nov 12, 2026, paid Nov 26, 2026. It has raised its dividend 3 years in a row and has a dividend safety grade of B.

Forward Yield

1.80%

Annual Dividend

$0.07

Payout Ratio

34%

5-Yr Growth

—

Ex-Date

Nov 12, 2026

Frequency

Semiannual

Key facts about AAFRF's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, Airtel Africa Plc (AAFRF) has a forward dividend yield of 1.80%, based on an annual dividend of $0.07 per share and a share price of $3.95.
As of Nov 5, 2026, AAFRF's dividend safety grade from SmarterDividends is B (75 out of 100), which rates the dividend as safe.
By SmarterDividends' count, Airtel Africa Plc (AAFRF) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
AAFRF has never cut its regular dividend in the payment history SmarterDividends has on record.
AAFRF's next ex-dividend date is Nov 12, 2026, with payment on Nov 26, 2026. Shares must be owned before that date to receive the dividend.
As of Nov 5, 2026, AAFRF pays out 34% of its trailing 12-month earnings as dividends (its payout ratio).
As of Nov 5, 2026, AAFRF's 1.80% yield is 47% below its five-year average yield of 3.40%.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for AAFRF is $6.89 per share, 75% above the $3.95 share price, so AAFRF screens as undervalued.
Airtel Africa Plc (AAFRF) pays its dividend semiannual, 2 times a year.

Cite this page

SmarterDividends, "AAFRF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/AAFRF

Is AAFRF a good dividend stock?

Yes

Airtel Africa Plc (AAFRF) pays a semiannual dividend yielding 1.80% ($0.07/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Never cut its dividend on record
Comfortable payout ratio (34%)
61% total price return over 5 years

Risks

Single-stock concentration risk — diversify

Key Data

Dividend Yield: 1.80%
Payout Ratio: 34%
Annual Dividend: $0.07
5-Yr Avg Growth: —
Ex-Dividend Date: Nov 12, 2026
Years of Growth: 3
Frequency: semiannual
Beta: 0.59
Market Cap: $14.3B
P/E Ratio: 18.8
5-Yr Total Return: 61%
52-Week Range: $3.36 – $5.85
Dividend Safety: B · 75/100
Ever Cut?: No

AAFRF dividend changes

Airtel Africa Plc (AAFRF) pays a variable dividend: across the 9 payments on record since 2022, 7 were higher than the one before and 0 lower. The latest change was up 9.2% to $0.0426 per share, going ex-dividend on Jun 18, 2026.

Ex-date	Change	Old → new	Move
Jun 18, 2026	Higher	$0.0390 → $0.0426	+9.2%
Nov 6, 2025	Higher	$0.0260 → $0.0284	+9.2%
Jun 20, 2025	Higher	$0.0357 → $0.0390	+9.2%
Nov 7, 2024	Higher	$0.0238 → $0.0260	+9.2%
Jun 20, 2024	Higher	$0.0327 → $0.0357	+9.2%
Nov 13, 2023	Higher	$0.0218 → $0.0238	+9.2%
Jun 22, 2023	Higher	$0.0300 → $0.0327	+9.0%

Every AAFRF payment →Download every raise and cut (CSV)

AAFRF ex-dividend date & scheduleNext ex-date Nov 12, 2026 · full ex-dividend historyView →AAFRF dividend historyEvery payment, totals by year, raises and cutsView →AAFRF dividend calculator100 shares pay $7.00 a year, $3.50 every six monthsCalculate →AAFRF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is AAFRF a good dividend stock?

Yes. Airtel Africa Plc (AAFRF) pays a semiannual dividend yielding 1.80% ($0.07/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is AAFRF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AAFRF's fair value is about $6.89 versus a $3.95 share price — so it looks undervalued (+75% vs. fair value).

Is AAFRF's dividend safe?

AAFRF has a dividend-safety grade of B (75/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is AAFRF's fair value?

Our blended fair-value estimate for AAFRF is about $6.89 per share, roughly 75% above the current $3.95 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is AAFRF a buy, hold, or sell?

We don't issue formal ratings, but on the data AAFRF screens as "yes" and undervalued. Airtel Africa Plc (AAFRF) pays a semiannual dividend yielding 1.80% ($0.07/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will AAFRF cut its dividend?

AAFRF earns a dividend-safety grade of B (75/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does AAFRF pay a dividend?

Yes. Airtel Africa Plc pays a semiannual dividend of about $0.07 per share annually, a forward yield of roughly 1.80%.

How much dividend does 100 shares of AAFRF pay?

At $0.07 per share a year, 100 shares of AAFRF pay $7.00 a year in dividends before tax, about $3.50 every six months. Buying them costs about $395 at the Nov 5, 2026 price.

What is AAFRF's dividend yield?

As of Nov 5, 2026, AAFRF's forward dividend yield is 1.80%, based on a $0.07 annual dividend and a $3.95 share price.

What is AAFRF's dividend per share?

As of Nov 5, 2026, AAFRF pays $0.07 per share per year, distributed on a semiannual basis.

What is AAFRF's dividend payout ratio?

As of Nov 5, 2026, AAFRF's payout ratio is 34% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has AAFRF grown its dividend?

As of Nov 5, 2026, AAFRF has increased its dividend for 3 consecutive years.

When is the next AAFRF ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for AAFRF is Nov 12, 2026.

Dividend Growth

Total dividends per share by year

Dividend History

Full AAFRF dividend history →

Ex-Date	Pay Date	Amount	Type
Jun 18, 2026	—	$0.0426	regular
Nov 6, 2025	—	$0.0284	regular
Jun 20, 2025	—	$0.0390	regular
Nov 7, 2024	—	$0.0260	regular
Jun 20, 2024	—	$0.0357	regular
Nov 13, 2023	—	$0.0238	regular
Jun 22, 2023	—	$0.0327	regular
Nov 10, 2022	—	$0.0218	regular
Jun 23, 2022	—	$0.0300	regular