Nation Media Group (NMG) #ticker:NMG has resumed dividend payment following a threefold percent increase in net income to Sh584.7 million in the year ended December 2021 on recovery of business post the Covid-19 pandemic.
NMG Group board Chair Wilfred Kiboro said the company will pay shareholders Sh285.4 million, or Sh1.50 a share as the region’s leading news organisation grew net income from Sh135.5 million posted 2020 on a rebound in broadcasting and print advertising revenues.
