KenGen cuts dividend as it invests Sh1.9bn in equipment

KenGen

Kenya Electricity Generating Company (KenGen) logo on its headquarters.

Photo credit: File | Nation Media Group

Kenya Electricity Generating Company (KenGen) has cut its dividend payout by 16.7 percent with the firm instead investing more cash in its plant and equipment to bolster electricity generation to meet rising demand.

Company disclosures show that shareholders will get Sh0.75 per share for the year ended June 2026 amounting to Sh4.94 billion, which will be a drop from the Sh0.90 paid (Sh5.94 billion) for the previous year.

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