Kiharu MP Ndindi Nyoro is set to cash in big as Kenya Power and Lighting Company (KPLC) delivers a major windfall to shareholders. The utility giant recently announced a robust half-year performance, posting a net profit of KSh 10.4 billion—a solid 4.3% increase—fueled by surging electricity demand, improved efficiency, and lower finance costs.
To reward investors, KPLC’s board declared an interim dividend of KSh 0.30 per share —a generous 50% hike from the KSh 0.20 paid in the prior period. This marks another step in the company’s turnaround, with payouts resuming strongly after years of challenges.
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