StanChart pays record Sh7.1 billion dividend

Standard Chartered Bank Kenya chief executive Kariuki Ngari. PHOTO | DIANA NGILA | NMG

Standard Chartered Bank Kenya #ticker:SCBK is set to pay a record dividend of Sh7.1 billion on ordinary shares for the year ended December when its net income surged on lower expenses and higher non-interest income.

The company declared a final dividend of Sh14 per share, having already made an interim distribution of Sh5 per share.

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Note: The results are not exact but very close to the actual.