KenGen (Kenya Electricity Generating Company PLC) shareholders approved a first and final dividend of KSh 0.90 per share at its recently held 73rd Annual General Meeting(AGM) in Nairobi. This is an increase from a dividend of KSh 0.65 per share paid out in 2024.
The biggest beneficiaries of the dividend payments include Government of Kenya with a 69.99% stake as well as private and institutional investors and top directors at the firm. Government of Kenya through the National Treasury owns 4,615,424,088 shares and will thus pocket a dividend cheque of KSh 4.2 Billion.
Other top individual shareholders of KenGen as at 30th June 2025 include Mavji, Ramila Harji with 30,000,000 shares of a 0.45% stake and Njihia, Waithaka Ng’ang’a with 22,176,900 shares or 0.34% ownership at the firm.
KenGen Net Earnings for the financial year ended 30th June 2025 were up 54% to KSh10.48 billion, driven by cost reductions, expanded revenue streams and an improved foreign exchange position
KenGen Board Chairman Alfred Agoi, said the payout reflects confidence in the company’s financial fundamentals and long-term strategy. “This dividend uplift is not only a reflection of strong financial results but a reaffirmation of KenGen’s commitment to delivering value to shareholders,” said Agoi.
He said the electricity generating company was optimizing efficiency, diversifying revenue sources and unlocking new growth opportunities in the region. The goal is to secure long-term returns while driving Kenya’s clean energy transition.
