Could someone kindly clarify this on Kenya power dividend.

Ex-Dividend date 08/06/2022
Record date 09/04/2022
Payment date 30/06/2022
Dividend amount per share 4 KES

Source: africanfinancials.com

Kenya Power is marked for a major split in its business that will see it only distribute electricity to large commercial and industrial consumers as part of proposed reforms by the Ministry of Energy to boost efficiency and cut costs.

https://nation.africa/ke...lits-supply-role-3896924

[quote=kenyan2019]Kenya Power is marked for a major split in its business that will see it only distribute electricity to large commercial and industrial consumers as part of proposed reforms by the Ministry of Energy to boost efficiency and cut costs.

https://nation.africa/ke...its-supply-role-3896924[/quote]

This is pure doom for Kenya Power, half the customer base is not enough to sustain their massive interest expenses and 15% tariff cut.

is this what is exciting the share to gain 10% daily or there are some other ndindi nyoro factors?

The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar