×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Equity bank to pay record dividend after Sh46.5 billion profit surge

Vocalize Pre-Player Loader

Audio By Vocalize

From L-R: Equity Group Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Group Foundation Director Operations, Dr. Joanne Korir during the Full Year 2024 Investor Briefing event. [Wilberforce Okwiri,Standard]

Equity Group has increased its dividend payout to a new record, rewarding shareholders with a larger return following a significant profit recovery.

The move signals confidence in the bank's financial resurgence after a year of improved performance, reversing a previous yearly earnings decline.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By AFP 57 mins ago
Business
France says G7 finance talks 'frank, sometimes difficult'
Business
Africa banks on continental trade agreement to rev up investments
Shipping & Logistics
How 300 containers were stolen from Mombasa port
By John Muia 5 hrs ago
Enterprise
800 youth benefit from 'Glam on Wheels' Initiative