In its latest half-year financials, Kenya Power posted a net profit of KSh 10.4 billion for the six months ended December 31, 2025 up from KSh 9.97 billion the previous year, buoyed by higher electricity sales and improved operational efficiency.
The company’s board responded by raising the interim dividend to KSh 0.30 per share a 50 per cent increase from the KSh 0.20 paid last year.
That dividend hike has translated into a handsome payout for retail investors led by Nyoro as thousands of shareowners benefit from the utility’s improved performance.
As the largest individual shareholder at KPLC Nyoro’s roughly 26.9 million shares entitle him to an estimated KSh 8.07 million from this interim dividend alone according to investors’ records.
The handsome dividend is part of Kenya Power’s broader turnaround story.
Increased electricity unit sales and a focus on cost control have strengthened the company’s balance sheet reduced borrowings and improved distribution efficiency.
Nyoro has not only benefited from dividend payouts but also from capital gains. Over the years he accumulated millions of KPLC shares at much lower prices.
Even after selling a portion of his holding reportedly earning around KSh 37.8 million from 3.08 million shares he still holds a commanding stake that continues to appreciate.
His investment strategy underscores how disciplined shareholding especially in undervalued assets like KPLC can yield substantial returns both in dividends and capital growth as the company returns to profitability.