Co-op Bank’s #ticker:COOP owners will recoup their entire capital from dividends alone this year, with long-term investors such as Co-op Holdings Co-operative Society and the lender’s CEO Gideon Muriuki recording the largest returns.
The Nairobi Securities Exchange-listed firm went public in 2008 at an offer price of Sh9.5, equivalent to an aggregate value of Sh33.2 billion.