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Safaricom Approves Record $621 Million Dividend as Ethiopia Nears Break-Even
Safaricom PLC shareholders approved a record KES 80.13 billion ($621 million) dividend at the company's 18th Annual General Meeting, lifting the annual payout after three years of holding it steady while the telecom operator funded its expansion into Ethiopia.
The final dividend of KES 1.15 ($0.009) per share, approved on...