Bamburi owners set for Sh6.6bn special dividend from sale of Uganda unit

The Bamburi Cement factory in Mombasa.

Photo credit: File | Nation Media Group

Bamburi Cement shareholders are set for a special dividend of Sh18.25 per share, amounting to Sh6.62 billion from the proceeds of the sale of its entire stake in a Ugandan subsidiary earlier this year.

Bamburi's board on Friday issued a notice of a virtual extraordinary general meeting (EGM) for shareholders to approve the payout, which would crown a special year of earnings for the company owners.

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