SACCO Dividends Calculator Kenya 2026: Compare 12 Top SACCOs
Enter what you hold in SACCO shares and deposits, choose a SACCO, and see what your dividend and deposit interest come to, before and after the 5% tax SACCOs take off.
Rates checked 25 Sept 2026 against official sources (listed below).
Withholding tax of 5% is deducted from both.
Best: Tower Sacco
KES 34,200
Dividend
20%
Interest on deposits
13%
| SACCO | Dividend | Interest | You get (net) |
|---|---|---|---|
| Tower SaccoFY2025 | 20% | 13% | KES 34,200 |
| Ports SaccoFY2025 | 20% | 12.5% | KES 33,250 |
| Bandari SaccoFY2025 | 18% | 12% | KES 31,350 |
| Biashara SaccoFY2025 | 18% | 12% | KES 31,350 |
| Kenya Police SaccoFY2025 | 17% | 11% | KES 28,975 |
| Hazina SaccoFY2025 | 17% | 10.75% | KES 28,500 |
| Stima SaccoFY2025 | 16% | 11% | KES 28,500 |
| Sheria SaccoFY2025 | 16% | 11% | KES 28,500 |
| Imarisha SaccoFY2025 | 15.01% | 10.5% | KES 27,080 |
| Mwalimu National SaccoFY2025 | 13% | 10% | KES 25,175 |
| Kimisitu SaccoFY2025 | 16% | 9% | KES 24,700 |
| Harambee SaccoFY2025 | 15% | 9.1% | KES 24,415 |
Rates are FY2025 (year ended 31 December 2025) figures declared at each SACCO's 2026 AGM or Annual Delegates Meeting, checked in September 2026. SACCOs re-declare rates every year, so re-check before relying on this for a big decision. Net figures assume the standard 5% withholding tax SACCOs deduct at source under Section 35(3)(d) and the Third Schedule of the Income Tax Act; some SACCOs apply this only to the share dividend and pay deposit interest gross, so your own dividend advice note may show a slightly different net figure.
The full explanation, with worked examples and what to watch for: Best SACCOs in Kenya 2026: Top 5 by Dividend and Interest on Deposits
About this calculator
Switch SACCOs to compare Tower, Stima, Kenya Police, Mwalimu National, Hazina and seven others on the rates each declared for 2025.
How it's worked out
A SACCO pays you two different things, and they're calculated separately:
- Dividend on share capital – your shares multiplied by the dividend rate declared at the AGM. This is the return on the shares you bought to become a member.
- Interest on deposits – your savings (deposits) multiplied by the interest rate, sometimes called a rebate. This is separate from your shares and usually carries a different rate.
So if you hold KES 50,000 in shares and KES 200,000 in deposits at a SACCO paying 16% on shares and 11% on deposits: dividend = 50,000 × 16% = KES 8,000, interest = 200,000 × 11% = KES 22,000, for a gross payout of KES 30,000.
Tax: SACCOs take 5% tax off the share dividend for resident members, under Section 35(3)(d) and the Third Schedule of the Income Tax Act, as tax advisers Ronalds East Africa confirm. This calculator applies the same 5% to the deposit interest for a simple figure after tax, because many SACCOs deduct it that way, but some pay deposit interest without deducting tax. Your own dividend advice note is the final word, so use it to check which applies to you.
Where the rates come from: each SACCO declares its dividend and interest rates at its Annual General Meeting or Annual Delegates Meeting, usually held between January and April, covering the year that just ended. The figures here are FY2025 (year to 31 December 2025) rates declared at 2026 AGMs, taken from each SACCO's own announcement or Kenyan business press, checked in September 2026:
- Tower Sacco: 20% dividend, 13% interest, declared at its 50th AGM on 24 January 2026 (AGM booklet)
- Kenya Police Sacco: 17% dividend, 11% interest, Sh4.1 billion paid to members (Capital Business)
- Hazina Sacco: 17% dividend, 10.75% interest (Sacco Review)
- Imarisha Sacco: 15.01% dividend, 10.5% interest, declared at its 37th Annual Delegates Meeting in Kericho (Kenya News Agency)
- Mwalimu National Sacco: 13% dividend held steady even as assets crossed KES 76.3 billion (The Kenyan Wallstreet)
- Kimisitu Sacco: 16% dividend, 9% interest (Nairobi Business Monthly)
- Ports, Bandari, Biashara, Sheria, Stima and Harambee Sacco rates are cross-checked against the running 2026 dividend tracker from Money254, a Kenyan personal-finance publisher that monitors SACCO AGM announcements as they happen.
Rates are declared fresh every year and vary a lot by SACCO, so treat this as a comparison tool, not a guarantee of what you'll get next year.
Frequently asked questions
How is a SACCO dividend calculated in Kenya?
Multiply the shares you hold by the dividend rate the SACCO's AGM approved for that year. If you hold KES 30,000 in shares and the rate is 15%, your gross dividend is KES 4,500. Interest on your deposits is worked out separately, using your deposit balance and the interest rate declared alongside the dividend.
Do I pay tax on SACCO dividends in Kenya?
Yes. SACCOs withhold tax at 5% on the dividend paid to resident members before it reaches your account, under Section 35(3)(d) and the Third Schedule of the Income Tax Act. This is lower than the 15% withholding tax on dividends from ordinary companies, which is one reason SACCO shares are popular.
Which SACCO paid the highest dividend in Kenya for FY2025?
Tower Sacco and Ports Sacco both declared a 20% dividend on share capital for FY2025, the highest among the large SACCOs tracked here. Tower also paid the highest deposit interest, at 13%.
When are SACCO dividends paid out?
Most large SACCOs hold their AGM or Annual Delegates Meeting between January and April, covering the financial year that ended the previous 31 December, and pay out dividends and interest within weeks of members approving the accounts.
What's the difference between a SACCO dividend and interest on deposits?
The dividend is a return on the shares you bought to join the SACCO and become a part-owner. Interest (sometimes called a rebate) is paid on your savings deposits, which you can withdraw, subject to the SACCO's notice rules. SACCOs set the two rates separately every year.
Can I reinvest my SACCO dividends instead of taking the cash?
Most SACCOs let you convert your dividend payout into additional shares instead of withdrawing it, usually through a capitalisation form on their member portal. Ask your SACCO for its dividend capitalisation option if you'd rather grow your stake than take cash.