Nairobi, March 1 -- Cigarette manufacturer BAT Kenya has no immediate plans to undertake major capital investments after shutting down its nicotine pouch machinery, a move that has freed up cash and enabled it to pay bumper dividends to shareholders.

The company, which is listed on the Nairobi Securities Exchange (NSE), announced a dividend payout of Sh7 billion to its shareholders, more than the net profit of Sh5.25 billion that it made in the year ended December 31, 2025.

This means that the company will dip into its retained earnings to top up the difference in a policy informed by the lack of major capital commitments in the medium term.

In 2024, BAT also distributed a dividend exceeding its Sh4.48 billion net profit, maintaining h...