Jubilee in record Sh1b dividend payout after posting 16pc profit

Jubilee Holdings Limited Regional CEO Julius Kipngetich, JHL Group Chairman Mr. Nizar Juma and JHL Group Chief Operating Officer Mr. Juan Cazcarra during the release of the insurer's 2021 Half Year Financial Results. [File, Standard]

Jubilee Holdings Ltd (JHL) has raised dividend payment for the year ended December 31, by nearly a fifth.

The firm, in a performance statement, said it will pay shareholders a record Sh1.036 billion, or Sh14.3 per share, compared with Sh869.6 million, or Sh12 per unit, it paid a year ago.