Kakuzi to pay record Sh470m dividend on higher earnings

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Entrance of Kakuzi PLC offices in Muranga County. PHOTO | EVANS HABIL | NMG

Agricultural firm Kakuzi is set to pay a record dividend of Sh24 per share or a total of Sh470.3 million for the year ended December, riding on strong sales and earnings growth.

The dividend will be paid on June 15 to shareholders on record as of May 31. The new payout marks a nine percent increase from the Sh22 per share amounting to Sh431.1 million, which was paid for the prior year.

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