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KenGen private shareholders get Sh545m dividend payout

Olkaria I geothermal station

KenGen’s Olkaria I geothermal station in Naivasha. KenGen will pay a total dividend of Sh1.98 billion, which means the National Treasury will get a payout of Sh1.43 billion.

Photo credit: File | Nation Media Group

What you need to know:

  • The 190,784 shareholders constitute 30pc of the company’s shareholder base.
  • KenGen will pay a total dividend of Sh1.98 billion, which means the National Treasury will get a payout of Sh1.43 billion.

Electricity producer KenGen has paid its private shareholders a first and final dividend of Sh0.3 per share totalling Sh545.21 million for the financial year ended June 2023.

The 190,784 shareholders constitute 30 percent of the Nairobi Securities Exchange (NSE) listed company’s shareholder base. The remaining 70 percent stake is held by the National Treasury.