StanChart cuts dividends after 38pc fall in profit

Standard Chartered Bank Kenya and Africa CEO Kariuki Ngari speaks during a past event at Standard Chartered Head Office in Nairobi on July 14, 2025. 

Photo credit: Billy Ogada | Nation Media Group

Standard Chartered Bank Kenya has cut its dividend per share for the first time in five years after net profit for the financial year ended December 2025 fell by 38 percent to Sh12.43 billion on higher costs and lower income from lending and transactions.

The lender announced on Wednesday it had lowered the distribution to shareholders to Sh31 per share, totalling Sh11.71 billion or 94.2 percent of the net profit. This compares with the Sh45 per share paid on Sh20.06 billion net profit posted a year earlier.

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