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Top firms weather 2015 storm to pay Sh87bn dividends
Safaricom CEO Bob Collymore. The growth in investor earnings was mostly powered by the telecoms giant’s huge payout, which at Sh30.4 billion accounted for more than one third of the total dividends. FILE PHOTO | NATION MEDIA GROUP
Top Nairobi Securities Exchange (NSE)-listed firms defied last year’s harsh economic environment to grow their total dividend payout by a tenth to Sh83.7 billion — keeping company ownership on the list of the most rewarding investment options in Kenya.
Market data show that the 20 biggest public listed firms, by market capitalisation, increased their dividend payout 9.9 per cent for the trading period which saw 18 companies or a quarter of all companies at the bourse issue profit alerts.
