Ugandan electricity distributor Umeme has announced an interim dividend of Sh0.90 (Ush26) per share for the six months ended June 2024, marking a marginal increase from the payout of Sh0.83 (Ush24) in the corresponding period in 2023.
The company, which has been cross-listed on the Nairobi Securities Exchange since December 2012, raised the payout despite recording a 1.5 percent dip in net profit to Ush12.99 billion (Sh459.2 million in the period.
