East African Breweries Maintains Appeal on NSE with Steady Dividend Payouts

• Dividend per share rises by 27.2% despite declining profits
• Regional markets in Uganda and Tanzania expected to drive future growth

Nairobi, Kenya – East African Breweries Plc (EABL), a subsidiary of UK-based Diageo, remains a top pick on the Nairobi Securities Exchange (NSE) due to its consistent dividend payouts. The company, which operates breweries and distilleries in Kenya, Uganda, and Tanzania, has raised its dividend for the fiscal year ending June to Ksh 7 per share, a 27.2% increase from Ksh 5.5 per share the previous year. This dividend, payable on October 28 to shareholders of record as of September 16, offers a yield of 4.61%.