Special payout lifts Centum’s total dividend to Sh521m
Firm proposes payout on back of the group net profit falling by 8.8 per cent to Sh743.91 million from Sh812.81 million last year...
✨ Key Highlights
Centum Investment Company has announced a total dividend payout of Sh521 million for the financial year ending March 2026, boosted by a significant special distribution from recent investment exits.
- The total dividend comprises an ordinary payout of Sh281 million (Sh0.42 per share) and a special distribution of Sh240 million (Sh0.36 per share).
- This proposed dividend is 2.5 times higher than the previous year's payout, subject to approval at the upcoming annual general meeting.
- The special dividend reflects successful value realization through strategic transactions and investment exits, including the recent sale of its remaining stake in Sidian Bank and a 60% stake in Nabo Capital.
Continue Reading
Read the complete article from Nation Business
Part of the Day's Coverage
Taifa Gas Launches East Africa's Largest LPG Terminal in Mombasa - August 2026
Tanzania's Taifa Gas is nearing the launch of its Sh16 billion LPG terminal in Mombasa, which will become East Africa's largest cooking gas facility and significantly alter the regional market. Meanwhile, Safaricom shareholders have approved a record-breaking dividend of Sh80.13 billion for the financial year ended March 2026, following strong financial performance and anticipation of profitability from its Ethiopian operations. Additionally, Centum Investment Company announced a total dividend payout of Sh521 million for the same financial year, boosted by a significant special distribution from recent investment exits.
Kenya's news, briefed daily
Daily Briefs with audio, your topics, and breaking stories.
Take Kenya's news with you
Breaking stories, daily briefs, and the topics you follow - on your phone, free.
