EABL halves dividend as profit falls to Sh12bn

eabl-karuku

EABL chief executive Jane Karuku. FILE PHOTO | NMG

East African Breweries Plc (EABL) has halved its dividend payment to Sh5.50 per share after posting a 20.8 percent drop in profit for the year ended June to Sh12.3 billion.

The company’s board of directors have recommended a final dividend of Sh1.75 per share, adding to the interim payout of Sh3.75 per share, which brings the total to Sh5.5 per share.

PAYE Tax Calculator

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