The Kenya Power & Lighting CoNAI:KPLC +0.56%64 Dividend Payout Ratio is 0.15 as of Dec. 2025, which is 25% above its 10-year median of 0.12. GuruFocus rates NAI:KPLC with a GF Score™ of 64/100 and a GF Value™ of KES2.40 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 374 Utilities - Regulated companies, The Kenya Power & Lighting Co ranks better than 97.33% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. The Kenya Power & Lighting Co's Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.15.
The historical rank and industry rank for The Kenya Power & Lighting Co's Dividend Payout Ratio or its related term are showing as below:
NAI:KPLC'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.12 Max: 0.27
Current: 0.08
During the past 13 years, the highest Dividend Payout Ratio of The Kenya Power & Lighting Co was 0.27. The lowest was 0.07. And the median was 0.12.
NAI:KPLC's Dividend Payout Ratio is ranked better than 97.33% of 374
companies
in the Utilities - Regulated industry
Industry Median: 0.54
vs NAI:KPLC: 0.08
During the past 13 years, the highest Trailing Annual Dividend Yield of The Kenya Power & Lighting Co was 15.92%. The lowest was 2.59%. And the median was 6.17%.
During the past 12 months, The Kenya Power & Lighting Co's average Dividends Per Share Growth Rate was 42.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Kenya Power & Lighting Co was 20.00% per year. The lowest was -37.60% per year. And the median was 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
The Kenya Power & Lighting Co (NAI:KPLC) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
The Kenya Power & Lighting Co Dividend Payout Ratio Related Terms
The Kenya Power & Lighting Co Dividend Payout Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Kenya Power & Lighting Co Dividend Payout Ratio Chart
NAI:KPLC vs NEE, SO, DUK: Dividend Payout Ratio Comparison
For the Utilities - Regulated Electric subindustry, The Kenya Power & Lighting Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Kenya Power & Lighting Co Dividend Payout Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, The Kenya Power & Lighting Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where The Kenya Power & Lighting Co's Dividend Payout Ratio falls into.
The Kenya Power & Lighting Co Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Kenya Power & Lighting Co (NAI:KPLC) has a Dividend Payout Ratio of 0.15 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Kenya Power & Lighting Co and its competitors. This is 25% above median its historical median of 0.12. Over the past decade, The Kenya Power & Lighting Co's Dividend Payout Ratio has ranged from 0.07 to 0.27. According to the industry distribution chart, The Kenya Power & Lighting Co ranks #10 out of 374 companies in the Utilities - Regulated industry, placing it in the top 2.7%.
Is The Kenya Power & Lighting Co's Dividend Payout Ratio too high?
The Kenya Power & Lighting Co's current Dividend Payout Ratio of 0.15 is 25% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.27. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. The Kenya Power & Lighting Co's value of 0.15 is 72.2% below this industry median. Based on the distribution chart, The Kenya Power & Lighting Co ranks #10 out of 374 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, The Kenya Power & Lighting Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Kenya Power & Lighting Co's Dividend Payout Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, The Kenya Power & Lighting Co ranks #10 out of 374 companies for Dividend Payout Ratio. This places The Kenya Power & Lighting Co in the top 3% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.54. The Kenya Power & Lighting Co's value of 0.15 is 72.2% below this benchmark. Historically, The Kenya Power & Lighting Co's own Dividend Payout Ratio has ranged from 0.07 to 0.27 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.54, The Kenya Power & Lighting Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 374 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Kenya Power & Lighting Co's current Dividend Payout Ratio of 0.15 is 72.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Kenya Power & Lighting Co and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Kenya Power & Lighting Co's current Dividend Payout Ratio is 0.15, which is 25% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kenya Power & Lighting Co stock overvalued right now?
Based on GuruFocus' analysis, The Kenya Power & Lighting Co (NAI:KPLC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES2.40, compared to a current price of KES18.10 — trading 654.2% above its estimated fair value. The current Dividend Payout Ratio is 0.15, which is 25% above median its 10-year median of 0.12 and 72.2% below the Utilities - Regulated industry median of 0.54. The Kenya Power & Lighting Co's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For The Kenya Power & Lighting Co (NAI:KPLC), the current Dividend Payout Ratio is 0.15 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is The Kenya Power & Lighting Co (NAI:KPLC) Overvalued in 2026?
Based on GuruFocus' analysis, The Kenya Power & Lighting Co stock appears to be overvalued.
The current stock price of KES18.10 is trading 654.2% above its estimated GF Value™ of KES2.40.
GuruFocus considers The Kenya Power & Lighting Co to be Significantly Overvalued.
Key valuation signals for NAI:KPLC:
Dividend Payout Ratio: 0.15 (25% above median its 10-year median of 0.12)
GF Value™: KES2.40 vs. price of KES18.10 (654.2% above fair value)
Industry Position: 72.2% below the Utilities - Regulated median (#10 of 374)
No single metric tells the full story. See the NAI:KPLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Kenya Power & Lighting Co Business Description
The Kenya Power & Lighting Co PLC is an electric power distribution company. The core business of the company includes transmission, distribution, and retail of electricity throughout Kenya. The company's business is organized by regions comprising Nairobi, Mount Kenya, Coast, and West Kenya. The firm also owns and operates an electricity transmission and distribution system in Kenya. The majority of the company's revenue is derived from the Nairobi region.
64GF Score
Get the complete analysis for NAI:KPLC
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