01. Joint Stock Company Kaspi.kz (NASDAQ:KSPI)
Dividend Yield: 4.04%
Payout Ratio: 46.15%
Expected EPS growth for the next Five Years: 18.36%
At number one on our list of seven high dividend tech stocks to buy for long term growth in 2025 is Joint Stock Company Kaspi.kz (NASDAQ:KSPI). Kaspi continues to shine as one of the most dynamic dividend paying tech stocks in emerging markets. With a strong 4.04% dividend yield and a conservative payout ratio of 46.15%, this Kazakhstan based fintech and e commerce powerhouse is built for long term growth and income.
In Q1 2025, Kaspi delivered impressive 21% revenue growth and 16% net income growth year over year, despite headwinds like high interest rates and new smartphone registration laws in Kazakhstan. The company’s three core segments, Payments, Marketplace, and Fintech, are all firing on multiple cylinders. Payments revenue jumped 16%, while Marketplace soared 33%, and Fintech rose 18%, reflecting a robust and well diversified business model.
The company’s e grocery platform exploded with 64% GMV growth and 66% purchase growth, showing just how quickly digital services are scaling in the region. Meanwhile, Kaspi Travel GMV grew 22%, supported by an increasing take rate of 5.3%.
Kaspi isn’t just thriving at home, it’s expanding abroad, too. The company’s planned acquisition of Rabobank’s operations in Turkey will give it a local banking license and open the door for fintech product launches in a high potential market.
Despite macroeconomic pressure, Kaspi’s fundamentals remain solid. It raised €650 million in Eurobonds, demonstrating investor confidence, and is attracting billions in consumer deposits by offering up to 18% interest, helping fund its lending business.
With an expected EPS growth of 18.36% over the next five years, strong cash flow, and strategic international expansion, Kaspi.kz is more than just a dividend play, it’s a fintech juggernaut built for the future.
Investors seeking a tech stock with both growth and yield potential in underpenetrated markets should keep Joint Stock Company Kaspi.kz (NASDAQ:KSPI) on their radar.
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Dislaimer: None. The article is originally published on TheRichStocks.com.
