Nairobi Securities Exchange Limited announced a special dividend of 20 cents per share

Declaration date: 22/03/2019

Record date: 30/05/2019

Pay date: 30/07/2019

Ex dividend date: 31/05/2019

For year end date: 31/12/2018

Period end date: 31/12/2018

Gross dividend: 0.2

Net dividend: 0.19

Marker: SPL

Frequency: ANL

Tax rate: 5

About the company

Nairobi Securities Exchange (NSE) Limited operates as a securities exchange in Kenya offering an automated platform for the listing and trading of various securities such as debt, equity and derivative securities. It provides clearing and settlement services for transactions in derivative securities through its subsidiary, NSE Clear Limited. It also acts as a central counterparty in derivative securities transactions. Kenya is one of the fastest growing economies in sub-Sahara Africa and NSE plays a vital role in this growth by encouraging savings and investments as well as helping local and international companies access cost-effective capital. The securities exchange operates under the jurisdiction of the Capital Markets Authority of Kenya; is a full member of the World Federation of Exchange; a founding member of the African Securities Exchanges Association (ASEA); the East African Securities Exchanges Association (EASEA) and the Association of Futures Market. Nairobi Securities Exchange is a partner exchange in a SSE initiative led by the United Nations.