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Williamson pays record dividend after house sale
George Williamson House in Nairobi. Analysts link Williamson’s record dividend payout to increasing profitability of tea-growing companies and its sale of Williamson House in Upper Hill. File
Williamson Tea has declared a record Sh50 per share interim dividend payment, increasing by nearly four times the cash payout to investors last year.
The payment, which totals about Sh437 million, comes after the listed agricultural firm sold its former headquarters building in Nairobi for an estimated half a billion shillings.
