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Kenya Power owners miss dividend despite profit jump

Kenya Power Acting CEO Ken Tarus

Kenya Power will not pay shareholders an interim dividend in the six months to December 2016, despite growth in its profits to Sh4.2 billion.

In a statement announcing its results for the half year, the firm said the board did not recommend payment of an interim dividend. In the half year to December 2015, the firm paid a dividend of 20 cents per ordinary share. The firm further paid a final dividend of 30 cents per ordinary share for the year to June 2016.

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Kenya Power