The Kenya Tea Development Agency Holdings Limited (KTDA) has announced it will pay out dividends for the 2024 financial year this week, ending months of waiting.
In a statement released on Monday, May 5, the agency announced that dividends would be paid to its tea companies, which make up its 54 corporate members, by Thursday, May 8.
According to KTDA, once the money has been disbursed, it will be up to the factories to decide how to spend it. "The KTDA financial year 2024 dividends shall be paid out to the 54 KTDA corporate member shareholders (tea factory companies) by Thursday, 8th May, 2025," KTDA announced in their statement.
Adding, "The respective factory boards will thereafter resolve on the utilisation of the dividends." A photo collage of tea pluckers sorting tea leaves at a local storage facility and a godown.
