SmarterDividends
AAFRF

Airtel Africa (AAFRF) Total Return Calculator

$10,000 since Feb 2022, with and without reinvesting · data through Oct 2026

Since Feb 2022, $10,000 became $18,771 reinvested (14.4% a year), or $17,754 taking the dividends as cash, $1,600 of it paid out along the way.

Payouts
Compare with

AAFRF became

$18,771

S&P 500: $18,440

Return a year

14.4%

S&P 500: 14.0%

Payouts reinvested

$1,742

bought more shares

Worst drop

-37.8%

S&P 500: -20.2%

$10,000, Feb 2022 to Oct 2026

Payouts reinvested · S&P 500 reinvested

YearAAFRF total returnPaid outS&P 500
2026 (part)−37.8%$232+11.7%
2025+346.3%$499+17.7%
2024−21.9%$329+24.9%
2023+32.5%$370+26.2%
2022 (part)−34.6%$311−11.0%

"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.

Key facts: AAFRF total return

Data as of · Source: SmarterDividends data

  • $10,000 invested in Airtel Africa (AAFRF) at the end of Feb 2022, with dividends reinvested, was worth $18,771 at the end of Oct 2026: 14.4% a year, against $18,440 (14.0% a year) in the S&P 500.
  • Taking AAFRF's dividends as cash instead of reinvesting them, the same $10,000 ended at $17,754, including $1,600 of cash received; reinvesting added $1,017.
  • About 25% of AAFRF's yearly total return since Feb 2022 came from dividends; the rest came from the share price.
  • AAFRF's best calendar year in that time was 2025 (346.3%) and its worst 2024 (-21.9%), with dividends reinvested.
Cite this page

SmarterDividends, "Airtel Africa (AAFRF) Total Return Calculator," updated Nov 6, 2026, https://smarterdividends.com/stocks/AAFRF/total-return

AAFRF total return questions

What is AAFRF's total return since Feb 2022?

88% in total, or 14.4% a year, through Oct 2026 with dividends reinvested. The share price alone rose 62%.

How much of AAFRF's return came from dividends?

About 25% of its yearly return since Feb 2022. Reinvesting them, rather than taking cash, left you $1,017 better off on a $10,000 start.

What was AAFRF's worst year?

2024, at -21.9% with dividends reinvested (S&P 500: 24.9%). Its deepest fall from a peak, on month-end values, was -37.8%.

How is total return calculated here?

From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.