Best SACCOs for dividends in Kenya

Savings and Credit Cooperative Societies (SACCOs) in Kenya have gained immense popularity as an alternative investment avenue for individuals seeking steady returns and financial security. SACCOs not only offer affordable loans but also allow members to earn dividends on their shares. Dividends are typically distributed annually, based on a SACCO’s performance. For investors looking to maximize their returns, selecting the right SACCO is crucial. Below is a detailed exploration of some of the best SACCOs for dividends in Kenya.
Best SACCOs for dividends in Kenya
- Stima SACCO is a leading SACCO in the energy sector that offers dividends ranging between 14% and 17%, reflecting its strong asset base and consistent growth.
- Mwalimu National SACCO caters to teachers, providing dividends of 10% to 14% annually, and is known for its education-focused products.
- Safaricom SACCO attracts members from diverse professions and delivers returns exceeding 13% due to its innovative financial solutions.
- Kenya Police SACCO serves police officers and civilians with dividends averaging 12% to 15%, driven by strong governance.
- Harambee SACCO focuses on civil servants, offering competitive dividends of 10% to 12% while investing in real estate projects.
- Unaitas SACCO transitioned from a tea growers’ cooperative to a financial powerhouse, paying dividends between 11% and 13%.
- Waumini SACCO was established for Catholic Church members and provides dividends of 10% to 12% alongside ethical investment practices.
- Afya SACCO caters to health professionals with dividend payouts of 12% to 15% due to its solid financial performance.
- Hazina SACCO primarily serves civil servants, offering steady dividends between 10% and 13%.
- Ufanisi SACCO is focused on empowering professionals and pays dividends ranging from 10% to 12%.
- Ekeza SACCO targets small-scale traders with dividends averaging 11% annually, emphasizing micro-investments.
- Tower SACCO serves tea farmers and other members, delivering dividends of 12% to 14% backed by agricultural investments.
- Boresha SACCO prioritizes rural farmers, offering dividends of 10% to 12% while fostering agricultural productivity.
- Nyati SACCO caters to members in various sectors, providing dividends between 11% and 13%.
- Biblia SACCO serves members of religious institutions and offers dividends of 10% to 12%.
- Sheria SACCO focuses on the legal profession, with dividends averaging 12% annually and a solid reputation for professionalism.
- Imarika SACCO supports coastal region residents, paying dividends of 11% to 13% while promoting local entrepreneurship.
- Tai SACCO targets small business owners with dividends of 10% to 12% and personalized financial solutions.
- Eagle SACCO serves security officers, offering dividends between 10% and 13%.
- Chai SACCO specializes in the tea industry, delivering dividends of 11% to 14% with a focus on agricultural funding.
- United Nations SACCO caters to UN employees and pays dividends of 12% to 15%, reflecting its international standards.
- NACICO SACCO supports Nairobi City Council workers, offering dividends of 10% to 12%.
- Kenya Medical Association SACCO serves medical professionals, providing dividends of 11% to 13%.
- Shirika SACCO focuses on co-operative employees, with dividends averaging 12% annually.
- NewFortis SACCO serves professionals across industries, delivering dividends of 10% to 12%.
- Embu Farmers SACCO targets agricultural workers, paying dividends of 11% to 13%.
- Universal Traders SACCO supports small and medium enterprises with dividends averaging 10%.
- Posta SACCO caters to postal service employees, providing dividends of 11% to 13%.
- Ukulima SACCO serves agricultural workers and pays dividends of 12% annually.
- Bandari SACCO supports port workers, offering dividends between 11% and 14% due to investments in maritime services.