I&M raises interim dividend as profit jumps 29 percent

I&M Group has raised its interim dividend by 15.3 percent to Sh1.50 per share amounting to Sh2.61 billion amid growth in net profits for the first nine months of the year.

The lender has raised the payout from Sh1.30 per share that it issued last year. The move has come on the back of net earnings for nine months ended September this year growing by 28.7 percent to Sh11.8 billion from Sh9.17 billion in a similar period in 2024.