Jubilee Holdings #ticker:JUB has raised its dividend payout by 55.5 percent to a record Sh1 billion or Sh14 per share for the year ended December after posting strong earnings growth.
The company declared a final dividend of Sh8 per share and a special payout of Sh5 per share to reward shareholders after signing an agreement to sell majority stakes in its general insurance subsidiaries to Allianz SE.
