I&M Group has increased dividends for the third straight year to Sh2.55 per share amounting to Sh4.22 billion after net profit for the financial year ended December 2023 grew 12.7 percent to Sh12.62 billion.
The proposed dividend per share is a rise from Sh2.25 per share or a total of Sh3.72 billion paid a year earlier. The latest payout equals the per-share distribution that was made by I&M in 2019.
