Car & General #ticker:CGEN shareholders have enjoyed a Sh746 million gain in paper wealth at the Nairobi Securities Exchange (NSE) #ticker:NSE in the last five days on heavy demand for its shares amid limited supply following the announcement of a Sh3.20 per share dividend for the year ended September 2021.
The share closed at a six-and-a-half-year high of Sh49.20 on Wednesday, a gain of 60.8 percent from the Sh30.60 it traded at ahead of the release of its financial results last Thursday.