Absa to pay record dividend after profit rises to Sh14.6 billion

Absa Bank Kenya

Absa head office in Westlands, Nairobi. 

Photo credit: File | Nation Media Group

Absa Bank Kenya has raised its dividend payout to a record of Sh1.35 per share or a total of Sh7.3 billion as interest income boosted its earnings in the year ended December.

The lender declared a final dividend of Sh1.15 per share to be distributed on May 25 to shareholders on record as of April 28. This is in addition to an interim payout of Sh0.2 which was disbursed last year.

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