To cover your KES 72,000 annual power bill using Kenya Power dividends,
you would need to invest approximately KES 1.11 Million at the current share price of KES 17.
This calculation is based on the total FY25 Dividend per Share (DPS) of KES 1.10 which provides a dividend yield of 6.47%.
To reach your target, you would need to own roughly 65,455 shares.
Note that after accounting for the 5% withholding tax in Kenya and the brokerage costs (approx 1.8%) your required investment would increase slightly to KES 1.17 Million to ensure you receive the full 72k in net cash.
However you can own other stocks with higher div yields like BAT, Stanchart, KemGen that can cover your expense at a lower amount.
For example, if you choose BAT, you will only need 600K as it has a higher dividend yield of 12.73% at a current price of KES 550
Hello Ugunja!
Stima Mlangoni Agency is officially open at Zack Enterprises Shop, next to Uguya Plaza! We're here to make access to our services more convenient for you.
If you're in Ugunja, Siaya Sub-county, pass by and check us out. We’d love to serve you!
#StimaSaccoMlangoni #SaccoYanguMaishaYangu
Hello Ugunja!
Stima Mlangoni Agency is officially open at Zack Enterprises Shop, next to Uguya Plaza! We're here to make access to our services more convenient for you.
If you're in Ugunja, Siaya Sub-county, pass by and check us out. We’d love to serve you!
#StimaSaccoMlangoni #SaccoYanguMaishaYangu
The Kiss of Life
This iconic picture shows J.D. Thompson performing a CPR on Randall Champion while still on the power line pole in 1967.
Champion accidentally touched a high-voltage line, electrifying himself and having a cardiac arrest. His fellow linemen performed CPR until paramedics arrived.
Champion survived.
[📸 Rocco Morabito]
The universe favors those who rise above their circumstances.
No matter what you’re going through, just start..
Soon you will be proud you didn’t hesitate
As we close off #CustomerServiceWeek, our team had the privilege of spending time with the incredible staff and students of Nangina Special School in Busia County.
It’s been a week of going #AboveandBeyond, and we are always happy to celebrate with you. #CSWeek2024
The Customer Service Officer Busia, Elizabeth Nabango, sensitized the children and staff of Nangina Special School on how to reach KPLC offices for assistance, while Customer Service Officer, Bungoma, Mary Nekesa, highlighted crucial safety measures for using electricity. This was part of our West Kenya CSR visit. Empowering the next generation with knowledge and safety.
#CustomerServiceWeek #AboveandBeyond #CSWeek2024