Listed banks pay out 49pc of NSE dividends

Nairobi Securities Exchange (NSE) on the trading floor of the Exchange Building in Nairobi. 

Photo credit: File | Nation Media Group

Listed banks accounted for nearly half of all dividends paid out by Nairobi Securities Exchange (NSE) firms, an analysis of data from the bourse shows.

The lenders’ latest dividend per share covering the year ended December 2023 tallied to Sh66.4 billion, a 48.9 percent share of the cumulative Sh135.6 billion pay-outs from all counters.

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