Jubilee declares Sh870m dividend on the windfall from Allianz deals

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From left: Juan Cazcarra, Group Chief Operating Officer; Nizar Juma (center), Group Chairman, Jubilee Holdings Ltd and Dr Julius Kipngetich (right), Group Chief Executive Officer review the full year financial results for the period ended December 31, 2022. FILE PHOTO | POOL

Jubilee Holdings is set to pay a dividend of Sh869.6 million for the year ended December comprising an ordinary payout of Sh9 per share and a special distribution of Sh3 per share.

The company had paid a total dividend of Sh1 billion for the prior year which included the standard payout of Sh9 per share and a special one of Sh5 per share.

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