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Bamburi mints millionaires on 182pc dividend, share return
Bamburi Cement chief executive Mohit Kapoor (left) with he chief financial officer Eugene Antera during the release of the company's 2023 financial year results in Nairobi on April 17, 2024.
The total return on the Bamburi Cement stock since the beginning of the year has climbed to 182 percent after the company declared a special dividend of Sh18.75 per share to add to capital gains accruing following the announcement of rival takeover bids.
The share price opened the year at Sh35.85, but has since then more than doubled to a near five-year high of Sh77.25, giving investors a capital gain of 115.5 percent so far.
