Cross-listed Ugandan electricity distributor Umeme has raised its dividend by 22.4 percent as the company enters the final year of a 20-year concession from the Uganda government.
The company on Monday announced a USh54.20 (Sh1.84) final dividend for the year ending December 2023, which together with the interim dividend of Ush24 (Sh0.82) paid last month raises its payout for the year to Sh2.66 per share.
