Dividends Declared in 2026: Tunisia BVMT Companies — Amounts & Payment Dates

Last updated: July 18, 2026 | Reading time: ~6 minutes

Tunis runs one of Africa's deepest dividend cultures. BVMT-listed companies paid out over 1.5 billion dinars to shareholders in the last completed cycle, led — as always — by the big banks and the brewer. The 2026 season (FY2025 dividends) followed the script: BIAT held its payout at TND 6.00 per share, Attijari Bank paid 4.20, leasing house CIL 2.40, and SFBT — Tunisia's beverage blue chip — raised to 0.880.

This tracker covers BVMT-listed companies with dividends declared and paid in 2026, verified against AGM resolutions and company payment notices.

Quick summary:

• 7 verified distributions so far, concentrated — as usual — between late April and early July, following the April–June AGM season.
• BIAT paid the largest cash amount: TND 6.00 per share, roughly TND 244 million in total, stable year-on-year.
• SFBT raised again: 0.880 dinars (from 0.800), about TND 236 million — Tunisia's most widely held income stock keeps growing its payout.
• Around 81% of Tunisian dividends are historically paid between May and July, so the season captured below is most of the year's cash.

> Track live Tunisia market data on the BVMT market desk, or compare payouts across the continent in the 2026 African dividends tracker.

## Dividends Declared and Paid in 2026

Amounts are gross, per share, in Tunisian dinars.

## Company Notes

BIAT — TND 6.00. Tunisia's largest private bank earned a record consolidated profit of 467 million dinars in 2025 and kept its dividend stable at 6 dinars — about TND 244 million returned to shareholders, the biggest single distribution on the exchange. BIAT alone typically accounts for ~15% of all dividends paid in Tunis.

Attijari Bank — TND 4.200. The Moroccan-owned bank was the season's early payer, with cash in shareholder accounts from April 21 — among the top three distributors on the exchange in recent years.

SFBT — TND 0.880. The brewer-and-beverages group is Tunisia's defensive core holding, and its tenth-of-a-dinar-at-a-time raises are a Tunisian institution: 0.800 for FY2024, 0.880 for FY2025 — roughly 236 million dinars in total.

SAH Lilas — TND 0.400 and MPBS — TND 0.240 rounded out the early-summer payments, with hygiene-products group SAH paying June 25 and wood-panel maker MPBS on July 9 — evidence that Tunisia's dividend habit extends well beyond the financials.

## What Stood Out This Season

Stability as strategy. BIAT held flat at a record level; SFBT nudged up on schedule. Tunisian boards prize predictable distributions — which is exactly why the BVMT remains an income market first.

The May–July compression. With AGMs concentrated in April–June, nearly everything pays inside ten weeks. An income investor in Tunis effectively gets a single annual harvest.

Central-bank sign-off matters. Bank dividends (BIAT included) require Central Bank of Tunisia approval before payment — a step that can shift payment dates between declaration and cash.

## How to Track BVMT Dividends

Our Tunisia dividend calendar carries declared BVMT dividends with ex-dates and payment dates as they are confirmed. For the continental picture, see the 2026 African dividends tracker.

## FAQ

Which Tunisian companies paid the biggest dividends in 2026? By per-share amount: BIAT (TND 6.00), Attijari Bank (4.20) and CIL (2.40). By total cash, BIAT's ~TND 244 million leads, with SFBT's ~TND 236 million close behind.

When are dividends paid in Tunisia? Overwhelmingly between May and July — around 81% of all dividend cash historically — following the April–June AGM season.

Did SFBT raise its dividend in 2026? Yes: 0.880 dinars per share for FY2025, up from 0.800 — approved at the May 19 AGM and paid June 12, 2026.

## Sources

• Tustex — Attijari Bank, SAH and MPBS distribution notices (2026)
• Company AGM resolutions and payment notices — BIAT (irbe7/L'Économiste Maghrébin coverage), SFBT (Managers/L'Économiste Maghrébin), S.P.D.I.T., CIL
• Bourse de Tunis — dividend distribution studies (May–July payment concentration)
• Mansa Markets Tunisia dividend calendar

This tracker is for informational purposes only and does not constitute investment advice. Declared amounts and dates can change if companies amend payment schedules after publication.