The Stima Deposit Taking Savings and Credit Cooperative Organization (DT SACCO) has announced payment of members at a return of 11 per cent on deposits for the year ended December 2025.
“The Board of Directors of Stima DT Sacco is pleased to announce the audited results for the year ended December 31, 2025 and recommend payment of first and final dividend of 16 per cent per share value and interest on members’ deposit of 11 per cent,” the sacco said in a notice.
The SACCO with more than 200,000 members will therefore pay a total of Ksh4.32 billion on savings in the review period.
The credit organisation has also declared a dividend payout of 16 per cent on non-withdrawable share capital, amounting to Ksh788.7 million.
Its share capital stood at Ksh5.5 billion in the review period, rising 24.6 per cent from Ksh4.4 billion a year earlier.
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The percentage returns on deposits and share capital were maintained at the same level from the prior year.
It is also reported that member deposits at the sacco rose to Ksh52.1 billion, from Ksh46.6 billion. The sacco earned Ksh8.46 billion as interest for lending out Ksh52.5 billion, earning it a net interest income of Ksh3.5 billion.
The deposit taking sacco declared the returns to members following a 2.5 per cent growth in net profit in the review period to Ksh2.2 billion.
The profit growth was driven by a 17.1 per cent reduction in administrative expenses as interest income remained flat.
Savings co-operative societies reward their members through interest on savings held with the union and dividends for non-withdrawable shares.
Dividend yields are usually higher than interest offered on savings but the illiquidity of the share capital makes it unattractive to investors.
By Our Reporter
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