Airtel Uganda declares Sh3bn interim dividend

Airtel Kenya headquarters in Nairobi.

Photo credit: File | Nation Media Group

Airtel Uganda has declared an interim dividend of Ush1.9 (Sh0.08) per share, handing investors who took part in its recently concluded initial public offering (IPO) an early return on their capital.

The telco, whose IPO was open to Kenyan investors, said in a notice that the Ush76 billion (Sh3.05 billion) payout will be funded out of the company’s retained earnings.

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