- Government of Kenya, which owns 69.99% of KenGen, will receive KSh 4.2 billion in dividends.
- Treasury holds 4.6 billion shares, making it the biggest beneficiary of the payout.
- Other major shareholders include Ramila Harji Mavji (30M shares) and Waithaka Ng’ang’a Njihia (22.1M shares).
- KenGen posted a 54% growth in net earnings, reaching KSh 10.48 billion for FY 2024/2025.
The Government of Kenya will take home the largest share of KenGen’s latest dividend announcement, receiving KSh 4.2 billion.
Through the National Treasury, the state holds 4,615,424,088 shares, representing a 69.99% stake in the electricity generator.
Alongside the government, several private and institutional investors will benefit from the payout.
Key individual shareholders as of 30th June 2025 include:
Ramila Harji Mavji – 30,000,000 shares (0.45%)
Waithaka Ng’ang’a Njihia – 22,176,900 shares (0.34%)
These shareholders will also receive significant dividend returns based on their stakes in the company.
KenGen reported a 54% jump in net earnings for the financial year ending 30th June 2025, reaching KSh 10.48 billion.
The growth was supported by cost reductions, expanded revenue streams, and an improved foreign exchange position.
KenGen Board Chairman Alfred Agoi said the increased payout shows confidence in the company’s long-term performance.
“This dividend uplift is not only a reflection of strong financial results but a reaffirmation of KenGen’s commitment to delivering value to shareholders,” said Agoi.
Agoi said the company is focusing on optimising efficiency, diversifying revenue sources, and exploring new regional opportunities.
He added that the goal is to secure long-term returns while supporting Kenya’s transition to clean and sustainable energy.
