Absa Bank Kenya has increased its dividend payout by 12.9 percent to Sh1.75 per share amounting to Sh9.5 billion, on the back of a 27.5 percent rise in net profit for the full year to December to Sh20.87 billion.
The lender announced Thursday that its board had recommended a rise in the final dividend per share to Sh1.55 from Sh1.35 declared in the preceding year, bringing the total payout to Sh1.75 when added to the interim payout of Sh0.20.
