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Originally published by The Standard BusinessSeptember 7, 2026
3h ago
KenGen cuts dividend by 16pc per share as profit stagnates
KenGen has reduced dividends to shareholders by 16.67 per cent to 75 cents per share over the financial year to June 2026, from 90 cents the previous year, after reporting a marginal drop in earnings...
✨ Key Highlights
KenGen, Kenya's largest power producer, has announced a reduction in dividends to shareholders by 16.67% for the financial year ending June 2026, citing a marginal drop in profit after tax.
- KenGen's profit after tax for the year was Sh10.35 billion, a slight decrease from the previous year's Sh10.48 billion.
- The company's revenue, however, increased by 6.4% to Sh59.7 billion due to higher electricity demand.
- Shareholders will vote on the proposed dividend of 75 cents per share at the annual general meeting on October 29.
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