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Browsing: KCB Dividends 2022
- Kenya Commercial Bank (KCB) has approved an $82.5 million total dividends pay-out for the 2021 financial year
- This comes after the company recorded a 74% rise in its profit after tax to hit $292.8 million for the full year ending December 2021
- The lender’s shareholders approved a final dividend of KSh 2.00 ($0.017) per share as recommended by the board
Kenya Commercial Bank (KCB) has approved a KSh 9.64 billion ($82.5 million) total dividends pay-out for the 2021 financial year, months after recording a 74% rise in its profit after tax to hit KSh 34.2 billion ($292.8 million) for the full year ending December 2021.
The lender’s shareholders approved a final dividend of KSh 2.00 per share as recommended by the board. According to the company, the dividend shall be paid on or before July 7, 2022, net of withholding tax to the shareholders who were on the register of …