By PATRICK ALUSHULAMore by this AuthorThe East African Breweries Limited (EABL) board has proposed an interim dividend of Sh2.50 per share, matching the payout last seen seven years ago. It marks the first time since 2012 for EABL to pay an interim dividend above Sh2 per share. The EABL board is confident that a higher interim dividend will not have to be offset by a lower final dividend,” said the firm in an emailed response. Eyes will now be on the board’s payout for the final dividend which has been at Sh5.5 since 2016. An upward adjustment to final dividend will see it approach or smash the 2012 record when final dividend was Sh6.25 per share, pushing total payout to Sh8.75 per share.

Source: Daily Nation January 31, 2019 19:04 UTC