KPLC, KenGen shares rally on higher dividend payouts

Kenya Power staff carry out repair works on a transformer. 

Photo credit: File | Nation Media Group

Kenya Power and KenGen shares gained by 49.7 percent and 31 percent respectively on Tuesday after the companies announced sharp growth in profits and enhanced dividends for the full year to June 2024.

Kenya Power closed the day at Sh5.24 per share, its highest level in nearly six years, while KenGen closed at Sh4.13 per share, representing a high of almost three years.

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