Savings and Credit Cooperative Societies (Saccos) are in line for a Sh3.79 billion dividend cheque from the Cooperative Bank of Kenya, pushing their cumulative receipts to Sh25.3 billion in seven years.
The payout, set for mid-June, comes after Co-op Bank Board recommended Sh1 per share dividend amounting to Sh5.86 billion, with Saccos emerging the biggest winners.