EABL looks to pay dividend this year on high beer prices

eabl-ceo

Ms Jane Karuku, EABL chief executive. FILE PHOTO | NMG

East African Breweries Limited #ticker:EABL (EABL) projects to restart dividend payouts this financial year on higher beer and spirit prices in a period when unit sales are expected to rise.

EABL managing director Jane Karuku said the brewer’s profit margin is forecast to recover from effects of Covid-19, helping reverse a freeze on dividends that followed flat earnings.

PAYE Tax Calculator

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