Online Reporter
Business Reporter
ECONET Wireless Zimbabwe Limited has declared an interim dividend of 0.61 US cents per share for the quarter ended February 28, 2026, finalising a full year of consistent hard-currency returns for its investors.
The declaration comes at a historic turning point for the telecommunications giant. Following an Extraordinary General Meeting (EGM) held on 26 February 2026, shareholders overwhelmingly approved the company’s voluntary delisting from the Zimbabwe Stock Exchange (ZSE). Special Resolution 1, authorising the delisting, passed with a 94,95 percent majority.
The latest payout caps a disciplined quarterly distribution cycle for the 2025/26 financial year. Total dividends for the year amounted to 2.44 US cents per share.
Based on a current share price of 32.79 US cents, Econet’s trailing dividend yield stands at a robust 7,44 percent.
With the delisting approved, the “Exit Offer” is currently open and scheduled to close today, Monday, 9 March 2026. Shareholders are being offered a consideration of US$0.50 per share, consisting of US$0,17 in cash and one share in the newly carved-out Econet InfraCo, valued at US$0,33.
The transition marks a fundamental shift in Econet’s corporate structure. The unbundling of Econet InfraCo is intended to unlock value from the group’s extensive towers and fibre assets, while the delisting moves the core telecommunications business toward a private or over-the-counter trading environment.
