Kenya Power has announced the resumption of dividend payments to its shareholders after a six-year hiatus. The company will reward shareholders with Sh0.70 per share, marking a strong turnaround for the energy provider.
This decision follows Kenya Power’s impressive financial performance, achieving a net profit of Sh30 billion for the year ended June 2024.
The return to profitability underscores the effectiveness of the company’s strategic initiatives aimed at operational efficiency and financial sustainability.
Shareholders have welcomed the move, viewing it as a positive indicator of the company’s robust financial health and commitment to delivering value.
The dividend resumption is expected to bolster investor confidence and attract further investments in the energy sector.
