Dividend payouts rise as economy improves

NSE

Securities trader at Nairobi Securities Exchange trading floor at the Exchange Building in Nairobi on August 26, 2020.

Photo credit: File | Nation Media Group

What you need to know:

  • Nairobi Securities Exchange (NSE) on Friday joined a growing list of firms that paid or declared interim dividends for investors.
  • Several lenders have so far already paid or declared interim dividends of about Sh5.7 billion.

The number of corporates dishing out dividends to shareholders for the year ending December has risen, pointing to improved profits and a bright economic outlook. 

Welcome!

You're all set to enjoy unlimited Prime content.