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I&M raises dividend as profit hits Sh15.3bn


I&M Group Plc chief executive officer Kihara Maina during the release of the 2024 financial results in Nairobi on March 26, 2025.

Photo credit: Francis Nderitu | Nation Media Group
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By  Kepha Muiruri

Business Reporter

Nation Media Group

I&M Group has raised its dividend per share by 17.6 percent to Sh3 after posting a 21.9 percent growth in net profit for the year ended December 2024.

The lender's profit after tax for the period hit Sh15.3 billion, up from Sh12.6 billion in 2023, helping it to declare a final dividend of Sh1.70 per share after paying an interim dividend of Sh1.30 in January.

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