3 Companies That Will Pay Share Dividends in the Next Few Months

Dividends from shares are a great way to earn a passive income. Here are three Kenyan companies that are planning to pay out dividends in the next couple of months.

Safaricom

For the first time ever, Safaricom will pay an interim dividend of Ksh 18 billion to shareholders on March 31, 2021. This is equal to Ksh 0.45 per share. The dividend will be paid to shareholders on record as of March 5, 2021.

Safaricom offered the surprise interim payment because of the company’s solid half-year performance. They also wanted to support their shareholders during the difficult economic times occasioned by the Covid-19 pandemic.

Read the full story here.

BAT Kenya

BAT Kenya will pay a final dividend of Ksh 41.50 to shareholders on May 12, 2021. The dividend will be paid to shareholders on record as of April 16, 2021.

This is after it posted a 42% jump in net profit for the year ended December 30, 2020.

You can read the full report here and the abridged report here.

Kengen

KenGen will pay a final dividend of Ksh 1,978 to shareholders on July 22, 2021. This is equivalent to Ksh 0.30 per share and is payable to shareholders on record as of April 29th 2021

It reported a 133% increase in revenue from Ksh 7.9 billion in 2019 to Ksh 18 billion at the close of the financial year ended 30th June 2020.

You can read the full story here and the abridged report here.

What this means for you

If you are planning on earning passive income from dividend payments, then these are some of the companies that you need to place on your radar list.