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AAF.L

Airtel Africa Plc

EURO STOXX 600
AAF.L|Communication Services|Telecom Services|£3.61|P/E 32.1|MCap 12.8B|LSE

Last update: Mar 25, 2026 at 04:53

About Airtel Africa Plc

Airtel Africa Plc is a British public limited company delivering telecommunications and mobile money services across 14 countries in East, Central, and West Africa, including Nigeria, Kenya, Uganda, and Tanzania. Majority owned by Bharti Airtel, it specializes in mobile voice, data connectivity, and financial services like Airtel Money, enabling access for the unconnected and financially excluded in sub-Saharan Africa. The company leads markets in several nations, such as Malawi with 72% share and Chad with 43%, serving over 166 million customers as of March 2025 through extensive network investments, including 5G spectrum and data centers via Nxtra by Airtel. Notable for its 'One Network' feature allowing seamless roaming at home rates, Airtel Africa has grown via strategic acquisitions like Zain's African operations in 2010 and Tigo Rwanda in 2018, while optimizing its portfolio by divesting non-core assets. Listed on the London Stock Exchange since 2019 and a FTSE 100 constituent, it plays a pivotal role in bridging the digital divide, supporting sustainable development amid rising demand for affordable mobile services in a region projected to add 200 million subscribers by 2030.

Dividend Overview

Dividend Yield

1.44%

Annual Dividend

£0.05

Frequency

Semi-Annual

Payout Ratio

46.38%

FCF Payout Ratio

9.07%

Stock Price

£3.61

52-Week Range

£1.40 £3.84

Dividend Health Score

68/ 100Safe

AAF.L's dividend appears safe and well-supported. Strengths include a 46.4% earnings payout ratio & 9.1% fcf payout ratio. Areas of concern: 2.0x interest coverage & 0.6x current ratio. The dividend has been growing at a 8.55% 5-year CAGR.

Based on 15 of 15 metrics

Payout & Coverage

Safe
Earnings Payout Ratio
46.4%Very Safe
FCF Payout Ratio
9.1%Very Safe
CFO Payout Ratio
15.6%Very Safe
Interest Coverage
2.0xWarning

Balance Sheet

Warning
Net Debt / Total Assets
45.2%Caution
Current Ratio
0.6xDanger
Debt-to-Equity
198.8Caution

Profitability

Safe
Return on Equity
22.8%Very Safe
Operating Margin
33.5%Very Safe
Gross Margin
73.9%Very Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
6+ yrsCaution
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
8.6%Safe
Earnings Stability
Mostly StableCaution

Dividend History (2016–2025)

AAF.L annual dividend per share and yield history

Earnings & Profitability

AAF.L earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

November 6, 2025

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

9.54%

5-Year Dividend CAGR

8.55%

10-Year Dividend CAGR

N/A

3-Year Total Growth

31.42%

5-Year Total Growth

50.70%

10-Year Total Growth

N/A

Income Calculator

AAF.L Dividend Calculator

Total Investment

£361.00

Annual Income

£5.06

Quarterly Income

£1.26

Monthly Income

£0.42

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Frequently Asked Questions

What is AAF.L's current dividend yield?
Airtel Africa Plc (AAF.L) currently has a dividend yield of 1.44%, based on a stock price of £3.61 and an annual dividend of £0.05.
When is AAF.L's next dividend payment date?
AAF.L's next ex-dividend date is 2025-11-06 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does AAF.L pay in dividends per year?
Airtel Africa Plc paid £0.05 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has AAF.L been increasing its dividend?
Airtel Africa Plc has grown its dividend at a 5-year CAGR of 8.55%.
Is AAF.L's dividend safe?
Airtel Africa Plc has a payout ratio of 46.38%. Its free cash flow payout ratio is 9.07%. A payout ratio below 60% is generally considered sustainable.
How is AAF.L's Dividend Health Score calculated?
The Dividend Health Score evaluates Airtel Africa Plc's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for communication services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.