Safaricom, banks pay 80pc of NSE dividends

Screen showing market trends at Nairobi Securities Exchange. 

Photo credit: File | Nation Media Group

Banks and Safaricom accounted for 80.2 percent of the total dividends distributed by companies listed on the Nairobi Securities Exchange (NSE) in the last full financial year, making them out as the best bet for investors looking for regular income from equities.

The 12 listed banks and the telecoms operator collectively paid Sh197.2 billion to shareholders for the latest financial year, part of the NSE’s total dividends of Sh245.9 billion in the period.

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