Kenyan investors called to collect Uganda's Umeme dividends

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Umeme Customers making electricity payments at the Kampala Umeme branch in Uganda. PHOTO | FILE | 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 Ksh14.62 billion (Ush359.8 billion - $95.4 million) in dividends since 2018, making it one of the top dividend-paying firms in regional exchanges.