Centum nearly halves dividend on bounce back to profitability

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Centum Investment Group CEO James Mworia. 

Photo credit: File | Nation Media Group

Centum Investment Company has nearly halved its dividend to Sh210 million for the financial year ended March 2024, amid a bounce back to profitability supported by a rise in the valuation of investment properties.

The latest dividend, an equivalent of Sh0.32 per share, is a 46 percent decline from Sh0.60 per share totaling Sh400 million that the investment firm paid for the prior year.

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