Fidelity Life Assurance of Zimbabwe Limited has declared a final dividend of US$450 000, translating to 0.0041 US cents per share, for the financial year ended December 31, 2025, signalling continued shareholder returns anchored on cash profitability.
In a dividend notice released this week, the insurer said the payout is consistent with its established dividend framework.
“The dividend is fully aligned with the Company’s Dividend Policy, which provides for the distribution of 40% of realised cash profit from the Shareholder Fund while providing for quality of earnings, and the Group’s capacity to continue honouring its obligations to policyholders,” the company said.
The dividend will be payable to shareholders registered in the company’s books at the close of business on May 29, 2026.
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According to the announcement, the last day to trade shares cum-dividend is May 27, while the shares will trade ex-dividend from May 28, 2026.
Payment to shareholders is expected on or about June 4, 2026, with applicable withholding tax set to be deducted from the gross dividend.
Fidelity Life urged shareholders to ensure their banking details are updated to facilitate smooth payment processing.
“Shareholders are requested to submit their banking details to either the FLA Company Secretary at Fidelity House, 66 Julius Nyerere Way, Harare, or ZB Transfer Secretaries,” the company said.
Shareholders may alternatively update their payment information at any ZB Bank branch nationwide.
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