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Co-op Bank splashes Sh8.8b dividend as profit hits Sh26b

Co-op Bank MD Gideon Muriuki. [Courtesy]

Co-operative Bank of Kenya (Co-op Bank) has announced a Sh8.8 billion dividend payout to its shareholders for the year ending December 31, 2024, following a robust increase in net earnings to Sh25.5 billion.

The dividend, set at Sh1.50 per share, maintains the bank's consistent payout strategy, reflecting sustained profitability throughout 2024.

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