EABL share price falls 6.8pc on dividend cut, profit drop

Beer production line at the EABL plant in Ruaraka, Nairobi. 

Photo credit: File | Nation Media Group

The EABL share shed 6.8 percent in trading on Friday at the Nairobi Securities Exchange (NSE) after the brewer halved its dividend for the financial year that ended in June compared to the previous period.

The company closed at Sh153.50 a share, from Sh164.50 on Thursday, although on relatively thin trading having moved 11,800 shares on the day.

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