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Kenya Power ends debt relief, pays first dividend in 6 years

Kenya Power and Lighting Company (KPLC) Managing Director Dr Joseph Siror during the announcement of Kenya Power's financial results for the Financial Year 2023/2024 at Stanley Hotel, Nairobi on October 29, 2024. 

Photo credit: Lucy Wanjiru | Nation Media Group

By  John Mutua  &  Julians Amboko

Kenya Power has resumed paying dividends, ending a six-year drought for shareholders, after the firm posted a net profit of Sh30.08 billion in the year ended June.

The electricity distributor on Tuesday said that it will pay a dividend of Sh0.70 per share or a total of Sh1.3 billion after it recovered from last year’s net loss of Sh3.19 billion.

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