Shareholders of fintech company Kaspi.kz approved a dividend of 850 tenge per ordinary share for the first quarter of 2026. This was reported by Qazaqyia.kz citing Kursiv Media.
The decision was made at the company's annual general meeting of shareholders on June 11. Shareholders registered in the register as of June 10, 2026, will be entitled to receive dividends.
According to KASE data as of April 1, 2026, Kaspi.kz has 190,027,266 ordinary shares outstanding. Thus, the total dividend amount will be 161.5 billion tenge.
Kaspi.kz is owned by funds of the Baring group (22.3%), founded by American investor Michael Calvey, as well as Mikhail Lomtadze (23.04%) and Vyacheslav Kim (20.75%; the richest Kazakhstani according to Forbes).
Recall that earlier Kaspi.kz shareholders approved dividends for 2025 in the same amount – 850 tenge per share.
Additional information about the company
Kaspi.kz is a leading fintech company in Kazakhstan, providing services in digital banking, payment systems, and e-commerce. The company's shares are traded on KASE and the London Stock Exchange (LSE). In 2025, the company's net profit amounted to 1.2 trillion tenge.
Dividend policy
According to Kaspi.kz's dividend policy, the company pays semi-annual and annual dividends. Dividends for the first quarter of 2026 are expected to be paid to shareholders in July 2026.
Market context
Kaspi.kz shares on KASE have risen 12% since the beginning of 2026. Analysts highly rate the company's steady growth and dividend yield. After the payment of dividends for 2025, demand for the company's shares increased.
Shareholder structure
The main shareholders of the company are: Baring Vostok funds (22.3%), Mikhail Lomtadze (23.04%), and Vyacheslav Kim (20.75%). The remaining shares are in free float. Vyacheslav Kim is the richest person in Kazakhstan according to Forbes.
Conclusion
The approval of dividends by Kaspi.kz shareholders demonstrates the company's financial stability and commitment to shareholders. The 850 tenge dividend reflects the company's profitability and confidence in the future.