Farmers to receive dividend pay-out from KTDA, subsidiary earnings

Smallholder farmers under KTDA management are set to receive a total of Ksh.584,853,000, being dividends payable to farmers through their factories who are the 54 corporate shareholders of KTDA Holdings Ltd.

The dividend payment is based on the green leaf delivered for the financial ending June 2022.

The dividends are derived from the profits made by KTDA Holdings and its subsidiaries which include, KTDA MS, KTDA Power, Majani, Insurance brokers, Greenland Fedha, Chai Trading and Warehousing, TEMEC and KETEPA.

The money will be dispatched to banks alongside the May 2023 green leaf payment on Thursday 8th, June 2023. As part of the reform agenda, monthly payment for farmers was rescheduled to the first five working days of the subsequent month.

KTDA remains committed to the continuous improvement of farmers’ welfare and promoting their interests.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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