The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
I&M Group Regional CEO Kihara Maina gives an address during the release of the group's 2023 results. [Wilberforce Okwiri, Standard]
I&M Group has raised its dividend payout by double-digits after booking a 12.70 per cent growth in net profit to Sh12.6 billion for the year ended December 2023, the lender announced yesterday.
The top-tier lender's board has recommended a dividend payout of nearly Sh4.22 billion, a 13.33 per cent rise over Sh3.72 billion a year earlier.
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