Standard Chartered Bank Kenya has raised its dividend payout by 32 percent to a record Sh29 per share amounting to Sh10.96 billion, raising its share price at the Nairobi bourse to levels last seen last April.
The rise in dividend pay from Sh22 per share totalling Sh8.31 billion paid earlier is on the back of the lender’s net profit for the financial year ended December 2023 increasing 15 percent to Sh13.8 billion from Sh12.1 billion.
