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Insurer Jubilee owners okay Sh1bn dividend
From left: Jubilee Holdings Ltd Group CEO Dr Julius Kipngetich with Vice Chairman Zul Abdul, Chairman Nizar Juma and Group Chief Operating Officer Juan Cazcarra. Jubilee Holdings Limited declared a record dividend of Sh1.036 billion for the financial year ended December 2023.
Jubilee Holdings Limited (JHL) shareholders have approved a record Sh1.03 billion dividend payout.
Jubilee Holdings board of directors had in May declared a payout of Sh14.30 per share amounting to Sh1.036 billion for the financial year ended December 2023, supported by a special distribution from the final gain on the sale of majority stakes in general insurance subsidiaries to global underwriter Allianz.
