Centum pledges 30pc dividends pay to investors

Centum CEO James Mworia. FILE PHOTO | NMG

Centum Investment Company #ticker:CTUM has announced a dividend policy that will see shareholders receive 30 percent of investment income annually, as the firm moves to make itself more attractive to investors.

The company has said it targets to strengthen its balance sheet by reducing finance costs and operating expenses to below 50 percent of investment income and have another 50 percent pay dividends and the other kept as retained cash.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.