By Patience Gondo
ECONET Wireless shareholders are set to receive a cash boost after the telecommunications giant declared an interim dividend of 0.60 US cents per share for the quarter ended 30 November 2025.
The dividend declaration was announced on 16 December 2025 by Group Company Secretary, Tatenda Ngowe at a time where many investors are closely watching corporate performance amid rising living costs and tight liquidity in the economy.
For small shareholders the payout represents not just a financial return but reassurance that the company continues to generate value during a challenging operating environment.
Ngowe said shareholders wishing to qualify for the dividend must trade their shares cum dividend by December 30 2025 after which the shares will trade ex-dividend on December 31 2025.
The record date has been set for January 2 2026 while payment is expected on or about January 7 2026.
The company did not provide reasons for the dividend declaration in the notice neither did it outline the financial performance that informed the decision.
However interim dividends are typically declared after boards assess quarterly results and cash flow positions a process that reflects internal confidence in short term financial stability.
For individual investors particularly pensioners and small retail shareholders who rely on dividends for day to day expenses the announcement offers welcome certainty as the year closes and a new one begins.
Ngowe also said withholding tax of 10 percent will be deducted where applicable.
“Foreign shareholders will receive their dividends subject to exchange control approval and remittance guidelines with the company advising them to make arrangements through local banks to facilitate payment,” said Ngowe.
Econet said it will also provide an option for dividend payments through EcoCash.
Non-corporate shareholders have been encouraged to submit their EcoCash details to First Transfer Secretaries the company’s registrars to enable electronic disbursements