Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
DTB raises dividend as profit grows to Sh6.8bn
Diamond Trust Bank (DTB) chairman Linus Gitahi (left) with the CEO Nasim Devji and the CFO Alkarim Jiwa during the release of 2021 financial results in Nairobi on March 28, 2022. FILE PHOTO | NMG
DTB Group raised its dividend payout to a record of Sh6 per share for the year ended December when its net profit grew 13.4 percent to Sh6.8 billion on higher interest and transaction-based income.
The company had paid a dividend of Sh5 per share for the prior year. The new dividend, amounting to a total payout of Sh1.6 billion, will be distributed on June 28 to shareholders who will be on record as of May 24.