Safaricom shares hit an 18-month high on dividend news
Tuesday September 11 2012
Transferring money through Safaricom’s M-PESA. Safaricom’s shares traded at an eighteen months high as investors rushed to buy the stock ahead of the mobile phone services provider closing its books to pay dividends on Thursday. Photo/FILE
Safaricom shares traded at Ksh4.2 ($0.05) in Tuesday’s trading at the Nairobi Securities Exchange.
The company will close its books on Thursday to pay a dividend of Ksh0.22 cents per share, a 10 per cent increase compared with the previous year