
Airtel Africa (AARTY) Dividend
Airtel Africa Plc · Communication Services · Telecom Services · semiannual payer
As of Nov 5, 2026, Airtel Africa (AARTY) pays a twice-yearly dividend of $0.4260 per share, or $0.85 a year, a 2.32% yield at its $36.79 share price. It pays twice a year, usually in July and November. It has raised its dividend 2 years in a row and has a dividend safety grade of B.
Forward Yield
2.32%
Annual Dividend
$0.85
Payout Ratio
34%
5-Yr Growth
—
Ex-Date
Jun 18, 2026
Frequency
Semiannual
Key facts about AARTY's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Airtel Africa Plc (AARTY) has a forward dividend yield of 2.32%, based on an annual dividend of $0.85 per share and a share price of $36.79.
- As of Nov 5, 2026, AARTY's dividend safety grade from SmarterDividends is B (73 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Airtel Africa Plc (AARTY) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
- AARTY has never cut its regular dividend in the payment history SmarterDividends has on record.
- AARTY's most recent ex-dividend date was Jun 18, 2026, for a dividend of $0.43 per share.
- As of Nov 5, 2026, AARTY pays out 34% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Nov 5, 2026, AARTY's 2.32% yield is 40% below its five-year average yield of 3.89%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for AARTY is $37.77 per share, 3% above the $36.79 share price, so AARTY screens as fairly valued.
- Airtel Africa Plc (AARTY) pays its dividend semiannual, 2 times a year.
- Airtel Africa Plc (AARTY) has raised its regular dividend 5 times and cut it 0 times across the 7 payments on record since 2023. Its most recent change was a 9.2% increase to $0.426 per share, going ex-dividend on Jun 18, 2026.
Cite this page
SmarterDividends, "AARTY Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/AARTY
Is AARTY a good dividend stock?
Yes, with caveatsAirtel Africa Plc (AARTY) pays a semiannual dividend yielding 2.32% ($0.85/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (34%)
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.32%
- Payout Ratio
- 34%
- Annual Dividend
- $0.85
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 18, 2026
- Years of Growth
- 2
- Frequency
- semiannual
- Beta
- 0.59
- Market Cap
- $13.3B
- P/E Ratio
- 17.9
- 5-Yr Total Return
- —
- 52-Week Range
- $20.15 – $52.20
- Dividend Safety
- B · 73/100
- Ever Cut?
- No
AARTY dividend raises and cuts
Airtel Africa Plc (AARTY) has raised its regular dividend 5 times and cut it 0 times across the 7 payments on record since 2023. Its most recent change was a 9.2% increase to $0.426 per share, going ex-dividend on Jun 18, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 18, 2026 | Raise | $0.390 → $0.426 | +9.2% |
| Nov 10, 2025 | Raise | $0.260 → $0.284 | +9.2% |
| Jun 20, 2025 | Raise | $0.357 → $0.390 | +9.2% |
| Nov 8, 2024 | Raise | $0.238 → $0.260 | +9.2% |
| Jun 21, 2024 | Raise | $0.327 → $0.357 | +9.2% |
Frequently Asked Questions
Is AARTY a good dividend stock?
Yes, with caveats. Airtel Africa Plc (AARTY) pays a semiannual dividend yielding 2.32% ($0.85/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is AARTY undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AARTY's fair value is about $37.77 versus a $36.79 share price — so it looks fairly valued (+3% vs. fair value).
Is AARTY's dividend safe?
AARTY has a dividend-safety grade of B (73/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is AARTY's fair value?
Our blended fair-value estimate for AARTY is about $37.77 per share, roughly 3% above the current $36.79 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is AARTY a buy, hold, or sell?
We don't issue formal ratings, but on the data AARTY screens as "yes, with caveats" and fairly valued. Airtel Africa Plc (AARTY) pays a semiannual dividend yielding 2.32% ($0.85/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will AARTY cut its dividend?
AARTY earns a dividend-safety grade of B (73/100), 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 AARTY pay a dividend?
Yes. Airtel Africa Plc pays a semiannual dividend of about $0.85 per share annually, a forward yield of roughly 2.32%.
How much dividend does 100 shares of AARTY pay?
At $0.85 per share a year, 100 shares of AARTY pay $85.00 a year in dividends before tax, about $42.50 every six months. Buying them costs about $3,679 at the Nov 5, 2026 price.
What is AARTY's dividend yield?
As of Nov 5, 2026, AARTY's forward dividend yield is 2.32%, based on a $0.85 annual dividend and a $36.79 share price.
What is AARTY's dividend per share?
As of Nov 5, 2026, AARTY pays $0.85 per share per year, distributed on a semiannual basis.
What is AARTY's dividend payout ratio?
As of Nov 5, 2026, AARTY'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 AARTY grown its dividend?
As of Nov 5, 2026, AARTY has increased its dividend for 2 consecutive years.
When is the next AARTY ex-dividend date?
As of Nov 5, 2026, AARTY's next ex-dividend date hasn't been announced. The most recent was Jun 18, 2026, for $0.43 per share.
AARTY Price — Last 12 Months
Daily close
Price Return
1 Year
+79%
3 Years
+140%
5 Years
—
52-Week Range
$20.15 – $52.20
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AARTY worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Airtel Africa Plc is $37.77 per share, versus a market price of $36.79. That implies the stock is roughly fairly priced.
Fair Value
$37.77
Current Price
$36.79
Gap
+3%
Margin of Safety
3%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -6.2% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $2.06 EPS, $0.85 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AARTY Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full AARTY dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 18, 2026 | — | $0.4260 | regular |
| Nov 10, 2025 | — | $0.2840 | regular |
| Jun 20, 2025 | — | $0.3900 | regular |
| Nov 8, 2024 | — | $0.2600 | regular |
| Jun 21, 2024 | — | $0.3570 | regular |
| Nov 10, 2023 | — | $0.2380 | regular |
| Jun 22, 2023 | — | $0.3270 | regular |
Income Calculator
At $0.85 / yr per share
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