Stanbic Bank has doubled its interim dividend to Sh3.80 per share for the half year ended June 2025, a move the lender said is aimed at deploying idle capital and bolstering profitability, despite a 9.3percent dip in its net profit to Sh6.5 billion.
The dividend announced for the six months ended June 2025 translates to a total pay-out to shareholders of Sh1.5 billion, up from Sh726.8 million in the same period in 2024.
