Halyk Bank shareholders approve second 2025 dividend of 306 bln tenge

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Shareholders of Halyk Bank approved a second dividend for 2025 of 28.09 tenge per share at a remote meeting on August 20. The payout totals 306.2 billion tenge, and payment begins September 7, with a record date of August 26. This follows a May payment of 328.4 billion tenge, bringing total 2025 dividends to 634.6 billion tenge.
Key Facts
- The approved dividend is 28.09 tenge per share and totals 306.2 billion tenge based on 10,899,559,145 shares outstanding on January 1.
- Kursiv reported the total payout as 306.6 billion tenge.
- Payment begins on September 7, 2026, and the record date is August 26.
- Halyk Bank paid 30.1 tenge per share, or 328.4 billion tenge, in May 2025 dividends, bringing total 2025 payouts to 634.6 billion tenge.
- Halyk Group's 2025 net profit reached 1.06 trillion tenge, up 14.92% from 2024.
Dividend Approval
Halyk Bank shareholders approved a dividend of 28.09 tenge per common share for 2025 at a remote meeting on August 20. The total payout amounts to 306.2 billion tenge based on 10,899,559,145 shares outstanding on January 1. Kursiv reported the total as 306.6 billion tenge. Payment will begin on September 7, 2026, with the record date set for August 26. The dividend will be paid from retained net profit of previous years.
2025 Payouts
In May 2026, shareholders received the first 2025 dividend of 30.1 tenge per share, totaling 328.4 billion tenge. The new payout brings total 2025 dividends to approximately 634.6 billion tenge. Halyk Group's 2025 net profit reached 1.06 trillion tenge, an increase of 14.92% from 2024. In 2024, Halyk repaid 250 billion tenge to the state early, after which dividend restrictions were lifted. The bank amended its charter to allow up to four dividend payments per year.
Ownership and Financial Performance
As of July 1, 2026, Almex Holding owned 61.91% of Halyk Bank shares. Kursiv reported that Almex holds 62% and will receive 189.8 billion tenge from the new dividend. Almex is ultimately controlled by Timur and Dinara Kulibayev, each with a fortune of $5.4 billion and third place in Forbes Kazakhstan's 2026 ranking. The remaining 35% of Halyk Bank shares are in free float and trade on KASE, AIX, and the London Stock Exchange. Halyk Bank's first-half 2026 net profit fell 15.3% year on year to 447.6 billion tenge.