Dividends lift Williamson, Kapchorua

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A woman carries a sack with tea leaves on her back after plucking at a farm in Kapsabet, Nandi County on April 04, 2023. PHOTO | JARED NYATAYA | NMG

The shares of Williamson Tea and Kapchorua Tea registered double-digit gains at the stock market on Thursday after the two firms announced enhanced dividends for the financial year ended March 2023, sparking demand for the units.

Williamson Tea closed the day 11.9 percent higher at Sh232 per share, while Kapchorua Tea gained 10.2 percent to close at Sh173 per share.

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Note: The results are not exact but very close to the actual.