Today's Bulletin: March 26, 2026

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Turkcell Unveils TRY 8.8bn Dividend After Strong 2025 Performance

March 20, 2026
2 min read
Author: Joyce Onyeagoro

The proposed dividend distribution is subject to final approval at the company’s General Shareholders’ Meeting, in line with Turkcell’s corporate governance framework.

Turkcell  has announced plans to distribute a gross cash dividend of TRY 8.8 billion for the 2025 fiscal year, reinforcing its long-standing commitment to consistent shareholder returns. The proposed payout continues a streak of uninterrupted annual dividend distributions since 2016 and follows the TRY 8 billion dividend issued for the 2024 operating period.

The dividend decision is underpinned by strong financial performance in 2025, with the company reporting revenues of TRY 241.5 billion, representing a 10.7% year-on-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) also rose significantly to TRY 104.0 billion, marking a 13.8% growth. These results highlight Turkcell’s solid operational performance and its ability to generate sustainable cash flows.

Turkcell’s diverse shareholder base is set to benefit from the distribution, including the Türkiye Wealth Fund, which holds a 26.2% stake, and IMTIS Holdings with 19.8%, alongside publicly traded shares listed on both Borsa Istanbul and the New York Stock Exchange, which account for 54.0%.

The company emphasized that its dividend policy remains a central pillar of its broader “Value Creation Model,” which seeks to balance consistent shareholder returns with continued investment in strategic growth areas. These include major infrastructure commitments such as a USD 1.47 billion 5G tender and a USD 3 billion partnership with Google Cloud.

The proposed dividend distribution is subject to final approval at the company’s General Shareholders’ Meeting, in line with Turkcell’s corporate governance framework.

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