Business Daily | by Constant Munda
British American Tobacco(BAT) Kenya had defied effects of Covid-19 to raise full dividend payout by more than a third after profits for the year to December jumped 42 per cent.
The cigarette maker announced Thursday that its profit after-tax climbed to Sh5.52 billion, rebounding from a 4.9 percent drop to Sh3.89 billion in 2019.
This saw it announce a final dividend payment of Sh41.50 per share, bringing the total payout per unit for the year to Sh45, a 34.33 percent jump from Sh33.50 per share in 2019…
