KenGen Approves Higher Dividend Payout

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KenGen approved a higher dividend of KSh 0.90 per share after reporting a 56% rise in net earnings. The company posted KSh 10.48 billion in profit, supported by diversified revenue, cost reductions, and improved foreign exchange gains. Chairman Alfred Agoi said the payout reflects confidence in KenGen’s long-term strategy. The power producer recorded KSh 56.1 billion in revenue and expanded its geothermal consultancy work as electricity demand and national grid contributions increased.