NSE fall lifts dividend yields ahead of earnings season

Nairobi Securities Exchange (NSE) on the trading floor. FILE PHOTO | NMG

The fall in share prices at the Nairobi Securities Exchange (NSE) #ticker:NSE following a selloff induced by Russia’s invasion of Ukraine has raised the prospects of higher dividend yields for investors who enter the mark under current conditions.

The NSE shed Sh108.3 billion in paper wealth between Monday and Friday last week as tensions in Ukraine rose and eventually Russian forces invaded the country, with large banks among the biggest losers in the period.

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