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Umeme Limited’s share gained 40.3 percent last week in trading at the Nairobi Securities Exchange (NSE). FILE PHOTO | NMG
By Kepha Muiruri
Business Reporter
Nation Media Group
Uganda-based electricity distributor Umeme Limited has reclaimed its status as the NSE’s highest dividend-paying counter following its book closure.
The company’s dividend yield which closed on Tuesday at 20.4 percent shows Umeme leads the market once more in annual cash returns.
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