×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Analysts project low dividends for shareholders in banks

Analysts have advised investors in Equity and Standard Chartered banks to sell their shares as profits in the banking sector shrink. 

Standard Investment Bank (SIB) analysts in their latest brief to investors said banks were falling behind in terms of dividend payments to keep their counters attractive after the first three local lenders to release their results saw a decline in profits.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in