KenGen doubles dividend payout after 35pc profit rise to Sh7bn

KenGen CEO

KenGen Plc Managing Director and CEO Peter Njenga. 

Photo credit: File | Nation Media Group

Electricity generator KenGen has more than doubled its dividend payout to Sh0.65 per share after recording a significant rise in net profit for the year ended June 2024.

The company has made a profit after tax of Sh6.79 billion for the period, up 35.5 percent from the Sh5.01 billion it made in the year to June 2023.

PAYE Tax Calculator

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