Aguytrying wrote:I just have this eerily feeling KEGN will pay 0.50 cents. as indicated by madam.
Talking about dividends- unga's is 0.75!!!!! yield is 7.5%. mumias' is 0.50!! yield is 7.7%. but no-one is interested.
Dissapointing.
Generally, most of us hold utilities for their defensive nature which includes regular and predictable dividends. Of course one can sell their bonus shares (and create their own dividend). I predict that's precisely what will happen. I therefore do not expect much upside on this share in the next 6 months.
Now, let's see what KenGen comes up with but I would hope they do not follow KPLC's example.