Kenya Airways directors have recommended payment of a first and final dividend of KShs 0.25 per share for approval by the shareholders at the forthcoming Annual General Meeting to be held on 27 September 2012. This final dividend is down from the previous period's dividend of Kshs. 1.50.

The low dividend is attributed to the substantial increase of shareholders on the Register of Members projected at close of business on 27 September, 2012. The dividend will be payable on or around 30 October 2012.

Kenya Airways conducted a Rights Issue offer which opened on 2 April 2012 and closed on 27 April 2012. The proceeds from the Rights Issue totalled KShs.14.5billion and will form part of pre-delivery payments for future fleet acquisitions in the airlines fleet expansion program with 14 planes expected to be delivered by 2016.

In the results released Thursday 14th , the airline posted a Profit after tax of KShs 1.66 billion compared to the previous year's profit of Shs.3.5billion. This represents a net profit margin of 1.5%, down from 4.1% achieved in 2010/11. Earnings per share reduced to KShs 3.58 from KShs 7.65 reported in the previous period.