Despite the first record-breaking performances, Safaricom NSE trading ended up dropping in share value under Ksh. 5 between 2008 and 2013. NSE action for the telco saw share prices hit lows of Ksh. 2 Per share.
However, the third-quarter of 2014 saw Safaricom rebound by reaching highs of Ksh. 15.15 per share. The bearish trend would continue to the financial years 2015 and 2016 with a stable trading range of Ksh. 17 on each piece.
In 2018, the dividend payout would climb, with each getting Ksh 1.10 per share. Cumulatively, Safaricom would put the total dividends as Ksh. 226.2 billion paid to investors within 10 years
The same year would also have Safaricom reach another all-time of Ksh. 33.50 and become the only Kenyan firm to achieve the Ksh. 1 trillion market capitalization.
2019 was not much different for investors, with Safaricom continuing to dominate the NSE. By August 2019, the telco had hit another milestone with its market valuation exceeding 50% of the Nairobi bourse. The company’s estimate of 1.13 trillion making up 50.7% of NSE’s total investors’ wealth.
Now and Future Outlook
A spot check of 2020 has, however, brought mixed reaction to investing in Safaricom. January saw Safaricom share price hit, an all-time high of Ksh. 33.50 on the 20th.