BAT declares record Sh5bn dividend

The British American Tobacco (BAT) Kenya Industrial Area plant in Nairobi. FILE PHOTO | NMG 

BAT Kenya #ticker:BAT will pay its shareholders a dividend of Sh53.50 per share or a total of Sh5.3 billion for the year ended December, the highest payout in the history of the cigarette maker.

The company recorded an 18 percent rise in net profit to Sh6.5 billion during the period, helping it to raise dividend per share by a similar margin from the Sh45 it paid for the year before.

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