KenGen tops NSE dividend yields table at 15.3 percent

Shareholders during KenGen’s annual general meeting in Nairobi. FILE PHOTO | NMG

KenGen’s share price collapse has seen the power producer become the top Nairobi Securities Exchange-listed firm in terms of dividend yield –the rate of cash returns measured against the prevailing stock price.

The company closed Tuesday with a dividend yield of 15.3 percent after its share price closed at Sh1.99, having dropped over the years from highs of Sh9 at the start of 2018.

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