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Kapchorua and Williamson Tea Tap Retained Earnings for Big Dividend Payouts

Kapchorua and Williamson Tea Tap Retained Earnings for Big Dividend Payouts

Kenyan tea firms Williamson Tea and Kapchorua increased shareholder returns by funding larger dividends from retained earnings. Williamson Tea’s share price jumped 13.1% to Sh150.25, while Kapchorua said its total payout rose 140%.

Original headline

Kapchorua, Williamson tap retained earnings to pay out mega dividends