Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Felix Wanderi Co-operative Bank board of directors has recommended a dividend of Ksh 1.50 per share, subject to approval by the regulators and shareholders. Co-op Bank Group CEO Gideon Muriuki said the proposed dividends represent a 50 per cent increase on the Ksh 1.00 per share paid out last year. He added that the bank will pay out a…
By Sammy Chivanga Savings and Credit Cooperative Societies (SACCOs) will get a Sh3.79 billion dividend cheque from Cooperative Bank of Kenya, giving them a major liquidity boost in Covid-19 environment. The pay-out, set for mid-April, comes after Co-op Bank board defied the prevailing dividend freezes and cuts in corporate Kenya to declare Sh5.86 billion dividend…
