Equity raises dividend 6.2pc on higher Sh46.5bn net profit

James Mwangi

Equity Group CEO James Mwangi.

Photo credit: File | Nation Media Group

Equity Group has raised its dividend payout for the year ended December 2024 to Sh4.25 per share from Sh4 per share in 2023 after reporting a 10.8 percent increase in net profit to Sh46.5 billion.

The bank will distribute Sh16 billion in total, up from Sh15.1 billion a year earlier, and the dividend will be payable to shareholders on the register as of May 23.

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