KenGen, Kenya's primary power producer, has significantly increased its dividend payout to KSh 0.90 per share following a remarkable 54 percent surge in profit after tax to KSh 10.48 billion for the year ended June 30. This financial growth was driven by lower operating costs and improved foreign exchange movements.

• KenGen's revenue reached KSh 56.1 billion, with income from diversified activities, including geothermal consultancy work, jumping by 235 percent.
• Chairman Alfred Agoi highlighted that the increased dividend reflects the utility’s stronger financial footing and commitment to delivering shareholder value.
• The company, which supplies about 60 percent of Kenya's electricity, generated 8,482GWh and is progressing its G2G 2034 strategy to add 1,500MW of new renewable generation.