Jubilee bucks trend with Sh579 million dividend payment
Summary
The Nairobi Securities Exchange-listed firm yesterday announced a 1.74 per cent growth in net profit for last year to Sh4.087 billion despite the Covid-19 disruptions that slowed businesses.
The regional underwriter’s board has proposed a final dividend payout of Sh8 per share amounting to Sh579.78 million payable by end of July, bringing total payout for the year to Sh652.26 million.
The insurer, which had paid a Sh72.47 million interim dividend last year, becomes the first listed underwriter to grow profits and pay a dividend.
Friday April 16 2021
By PATRICK ALUSHULA
Summary
The Nairobi Securities Exchange-listed firm yesterday announced a 1.74 per cent growth in net profit for last year to Sh4.087 billion despite the Covid-19 disruptions that slowed businesses.
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