Commercial, services sector worst hit by dividend drought

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The Nairobi Securities Exchange. FILE PHOTO | DIANA NGILA | NMG

Commercial, services and investment companies account for the lowest number of dividend-paying firms at the Nairobi Securities Exchange (NSE), indicating that the majority of them are yet to fully recover from the Covid-19-led recession of 2020.

Analysis of dividend payouts across the bourse shows that only one company — Nation Media Group — out of the 13 companies listed in the commercial and services segment has paid dividends in the past year.

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