Sacco Dividends are the sum of money that Sacco members get out of the Sacco  profits on their shares. Dividends are like a share of profits that Sacco's gives its members to encourage them save and invest their money.

Sacco Dividends rates are usual determined at the end of every year during annual general meeting. 

How To Calculate Sacco  Dividends in Kenya 

Most Saccos in Kenya use these two Methods to Calculate their members sacco dividends on deposits.

1) Flat rate  method

2) Pro - rata basis method

Almost all  Saccos use the Pro rata basis method to calculate members dividends as this method encourages members to make monthly deposits to their savings.

The 2021 Kenya Saccos Dividends are as follows: 


D
 1.
2NK SACCO 
25%
 2.
BANDARI SACCO
22%
 3.
NYALI SACCO
21%
 4.
TOWER SACCO
20%
 5.
MOMBASA POST SACCO
20%
 6.
KIMISITU SACCO
20%
 7.
NATION SACCO
20%
 8.
HAZINA SACCO
19%
 9.
APPLE SACCO
18.66%
 10.
KENYA POLICE SACCO
17%
 11.
BIASHARA SACCO
17%
 12.
MAFANIKIO SACCO
15%
 13.
MHASIBU SACCO
15%
 14.
MENTOR SACCO
15%
 15.
MAISHA BORA SACCO
15%
 16.
NAWIRI SACCO
15%
 17.
OLLIN SACCO
15%
 18.
WANA-ANGA SACCO
15%
 19.
PATNAS SACCO
14.9 %
 20.
WINAS SACCO
15.6%
 21.
TRANS NATION
15%
 22.
IG SACCO
14%
 23.
STIMA SACCO
14%
 24.
KITUI TEACHERS SACCO
13.4%
 25.
AIRPORT SACCO
13%
 26.
IMARIKA SACCO
13%
 27.
MWITO SACCO
13%
 28.
UNISON SACCO
13%
 29.
NEW FORTIES
13%
 30.
YETU SACCO
13%
 31.
K.PILLAR SACCO
13%
 32.
JAMII SACCO
12.5%
 33.
ACUMEN SACCO
12%
 34.
SAFARICOM SACCO
12%
 35.
GUSII MWALIMU NATIONAL
12%
 36.
CHAI SACCO
12%
 37.
KENYA HIGH LANDS SACCO
12%
 38.
METROPOLITAN NATIONAL SACCO
12%
 39.
N’GARISHA SACCO
11.7%
 40.
ASILI SACCO
11.2%
 41.
MWALIMU NATIONAL
11.2%
 42.
QWETU SACCO
11%
 43.
BINGWA SACCO
11%
 44.
GDC SACCO
11%
 45.
MAGEREZA SACCO
11%
 46.
UKULIMA SACCO
11%
 47.
SHIRIKA SACCO
11%
 48.
DAIMA SACCO
10%
 49.
MUKI SACCO
10%
 50.
NDEGE CHAI SACCO
10%
 51.
SUPA SACCO
10%
 52.
THAMANI SACCO
10%
 53.
TABASAMU SACCO
10%
 54.
COSMOPOLITAN SACCO
10%
 55.
NAFAKA SACCO
10%
 56.
KENVARSITY
10%
 57.
EGERTON UNIVERSITY SACCO
10%
 58.
IMARISHA SACCO
9.92%
 59.
WAUMINI SACCO
9.25%
 60.
WEVARSITY SACCO
8.1%
 61.
TAI SACCO
8%
 62.
WANANDEGE SACCO
8%
 63.
UNAITAS SACCO
8%
 64.
CENTENARY SACCO
8%
 65.
AFYA SACCO
7.5%
 66.
BI HIGH SACCO
7.22%
 67.
SOUTHERN STAR
7%
 68.
PRIME TIME
6.5%
 69.
TRANS ELITE SACCO
6%
 70.
SOLUTION SACCO
4%
 71.
KANISA SACCO
5.1%
 72.
SHOPPERS SACCO
5%
 73.
KENYA BANKERS SACCO
4%
74.
HARAMBEE SACCO
4%
 75.
MUDETE SACCO
3%



2NK Sacco Dividends 

2NK Sacco members are entitled to dividends annually. The sacco  pays the best dividends to its members savings at 25% as shown in the table above.

Kenya Police Sacco Dividends

Members saving with Kenya police Sacco are entitled to receive dividends on their savings at the end of every year. This year members are going to receive a dividends of 17% of their share profits.

Afya Sacco Dividends 

Afya sacco members are entitled to dividends at end of each financial year.
Afya sacco members are going to receive 7.5% of their share profits for their savings as shown in the table above.

Mwalimu National Sacco Dividends

Mwalimu National Sacco members are entitled to dividends at the end of each financial year. This year members are to receive a dividends share of about 11.2% of their share profits.

Harambee Sacco Dividends

Harambee sacco members are entitled to dividends at the end of each financial year. Dividends rates are always decided at the end of a financial year at the AGM. This year Harambee Sacco members will receive a dividends of 4% of their savings profits.

Imarika Sacco Dividends

Imarika Sacco members are entitled to dividends every year.
This year  Imarika Sacco members will receive dividends of 13%  according to the table above.

Waumini Sacco Dividends

Waumini Sacco members receive dividends at the end of each year. This year Waumini Sacco is giving dividends of 9.25% as the table above shows.

Wanandege Sacco Dividends

Wanandege Sacco dividends rates are usually decided during the Annual General Meeting ( AGM) and members dividends are always posted on their individual accounts on approval. This year Wanandege Sacco members are receiving 8% dividends.
How To Withdraw Wanandege Sacco members dividends
Wanandege Sacco members can withdraw their dividends on their accounts as follows: Use USSD code*346# or via ATM or withdraw cash over the counter.

Safaricom Sacco Dividends

Safaricom Sacco members are entitled to dividends at the end of each financial year. Members are going to receive a dividend of 12% according to the table above.

Sheria Sacco Dividends

Sheria Sacco members are also entitled to dividends. Members receive dividends at the end of every year. Sheria sacco members received dividends of 16% share on investment dividends this year.

Stima Sacco Dividends

Stima Sacco dividends rates  are decided at the  end of each financial year. This year Stima Sacco members received 14% dividends share on investment.

Ardhi Sacco Dividends

Ardhi Sacco members are entitled to dividends on their shares. Members can now earn dividends on shares above kes 20,000.The dividends are given out at the end of each financial year.

Hazina Sacco Dividends

Hazina Sacco members are entitled to dividends on their investment shares at the end off each financial year. Hazina Sacco members received a dividends of their shares in their accounts on approval.

Maisha Bora Sacco Dividends

Maisha Bora Sacco members are entitled to dividends at the end of each financial year. Maisha Bora Sacco members received 15% dividends on their shares this year.
Members can withdraw their dividends through USSD code *346# Msaaco app or ATM or over the counter  withdrawal.

 

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3 Comments

  1. Why is the USSD of harambee Sacco not working,,,it keeps telling that there is connection error

    ReplyDelete
  2. Nothing from Harambee Sacco ussd cord not working

    ReplyDelete

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