What are Sacco Dividends in Kenya
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 Saccos gifts 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 My 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:
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 | 10.5% |
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
Kenya Police Sacco Dividends
Afya Sacco Dividends
Mwalimu National Sacco Dividends
Harambee Sacco Dividends
Imarika Sacco Dividends
Waumini Sacco Dividends
Wanandege Sacco Dividends
Safaricom Sacco Dividends
Sheria Sacco Dividends
Stima Sacco Dividends
Ardhi Sacco Dividends
Hazina Sacco Dividends
Maisha Bora Sacco Dividends
Solution Sacco Devidends 2022
Solution Sacco Board of Directors declared an improved dividend payout to members for the year 2021 at a rate of18% up from 16% in 2020.
Members’ interest on savings was paid at 13% percent up from 12.13%.
Speaking during the 2022 annual general meeting held recently, the Sacco Chairman Mr. Francis Rimberia said the Sacco experienced significant growth for the financial year ended 31st December 2021. Its total assets grew by 30% percent to hit Ksh7.35 billion compared to Ksh 5.64 billion in 2020. Member deposits registered a 45% growth to reach Ksh 1.71billion as revenues hit Ksh1.34 billion.
Why is the USSD of harambee Sacco not working,,,it keeps telling that there is connection error
ReplyDeleteNothing from Harambee Sacco ussd cord not working
ReplyDeleteWhat about police
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