Stanbic Holdings has raised its interim dividend by 60 percent to Sh1.84 per share on the back of a cash pileup and net profit for the six months ended June growing by 2.3 percent to Sh7.21 billion.
The interim distribution, set for next month, will amount to Sh727.4 million and is a growth from Sh1.15 per share or a total of Sh454.62 million that the group distributed on the performance of a similar period last year.
