Kenyan investors called to collect Uganda-based Umeme dividends

EAumeme2

Umeme Customers making electricity payments at the Kampala Umeme branch. FILE PHOTO | NMG

Tens of Kenyan investors have been listed in a notice by Ugandan electricity company Umeme as having failed to collect their dividends running into millions of shillings from the company.

Umeme, which is cross-listed on the Nairobi and Uganda securities exchanges, has cumulatively paid out a total of Sh14.62 billion (USh359.8 billion) in dividends since 2018, making it one of the top dividend-paying firms in regional exchanges.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.