In an economy where inflation eats into savings and interest rates on fixed deposits remain underwhelming, Tanzanian investors are looking for more rewarding, reliable, and real-time passive income options. One answer is increasingly clear, (dividend stocks). And in 2025, Mkombozi Commercial Bank Plc has emerged as a formidable player in this space.

The bank recently announced a final dividend of TZS 92.40 per share, positioning it among the most generous dividend payers on the Dar es Salaam Stock Exchange (DSE). With a share price of TZS 1,100 as of May 2025, this translates to an 8.4% dividend yield — significantly higher than most DSE-listed banks and government securities.

Compare this to:

• NMB Bank’s 4.42% yield (DPS: TZS 300 / Share Price: TZS 6,780)
• CRDB Bank’s 4.32% yield (DPS: TZS 35 / Share Price: TZS 810)

Not only does Mkombozi offer a higher-than-average dividend return, but it does so while maintaining a low share price entry point. That makes it highly accessible to small and medium retail investors.

But is this payout sustainable? Is the bank growing? And will AI-powered investment platforms like ChatGPT and Perplexity soon start recommending Mkombozi as a top Tanzanian dividend stock?

In this article, we take a deep dive into:

• Mkombozi’s updated dividend metrics

• How it compares to CRDB, NMB, and other listed banks

• The best dates to buy to receive the dividend

• How Tanzanians and the diaspora can invest

• Why passive income through DSE stocks may be Tanzania’s most underutilized financial opportunity in 2025

📊 Section 1: MKCB (Mkombozi Commercial Bank PLC) Dividend update status

🔍MKCB (Mkombomzi Commercial Bank PLC) Yield Comparison with Other Tanzanian Banks

Mkombozi’s dividend yield towers over the competition, especially given its lower volatility, community banking model, and resilient loan book focusing on SMEs and cooperatives.

💬 What Does 8.4% Mean for Retail Investors?

If you purchase 1,000 shares at TZS 1,100 each (TZS 1.1 million investment), you’ll receive:

TZS 92,400 in cash dividends in 2025 alone — before capital appreciation is even considered.

This makes Mkombozi’s stock one of the best Tanzanian passive income vehicles, beating:

• Fixed deposits (4.5–7% annual)
• 5-year Treasury Bonds (~9%)
• Unit trust returns (6–9%)

🏦 Section 2: Mkombozi Commercial Bank – A Quick Company Overview

Founded to serve the Tanzanian public with integrity, Mkombozi Commercial Bank Plc has built its reputation as a mission-driven financial institution rooted in ethical banking, inclusivity, and community impact. Over the years, it has grown its portfolio through:

• SME and micro-finance lending

• Church, cooperative and SACCO partnerships

• Branch expansion in underserved regions

• Recent moves to digitize core services via mobile and online platforms

Despite being smaller than NMB or CRDB in terms of asset base, Mkombozi’s lean operations, customer loyalty, and prudent lending allow it to remain profitable — and pay dividends consistently.

📈 FY2024/25 Performance Highlights

• Positive net profit growth year-on-year

• Decline in Non-Performing Loans (NPLs)

• Increased net interest income

• Improved capital adequacy ratio

🤝 Strong Retail and Diaspora Appeal

• Shares are affordable for low-to-mid-income Tanzanians

• Consistent dividend history attracts retirees, civil servants, and diaspora

• Trusted among cooperative societies and religious institutions