Absa restarts dividends as net profit jumps 161pc

Absa Bank Kenya

Absa head office in Westlands, Nairobi. 

Photo credit: File | Nation Media Group

Absa Bank Kenya has reinstated dividends, announcing a payout of Sh1.1 per share for the year ended December when its net profit rose 161 percent to Sh10.8 billion.

The dividend, totaling to Sh5.9 billion, will be paid on May 26 to shareholders on the April 25 register.

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