Kenya: I&M Group raises dividend by half as profit grows to Sh11.2bn
I&M Group has raised its dividend payout to shareholders by half to Sh2.25 per share from Sh1.50 after posting a 37.7 percent growth in net profit for 2022 to Sh11.2 billion.
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I&M Group has raised its dividend payout to shareholders by half to Sh2.25 per share from Sh1.50 after posting a 37.7 percent growth in net profit for 2022 to Sh11.2 billion.
NCBA Group has increased its dividends payout for the second straight year after net profit for the financial year ended December 2022 grew by 35 percent to Sh13.78 billion.
Britam Holdings has posted a Sh1.69 billion net profit for the year ending December 2022 on reduced costs, marking a recovery from Sh72 million earned in the previous year.
The Local Authorities Pension Trust (LAPTRUST) has listed the first Income- Real Estate Investment Trust (I-REIT) to be issued by a pension fund at the Nairobi Securities Exchange (NSE).