Tag Archives: Absa banking sector Kenya

Why Absa Raised Dividends Despite Falling Profits

Absa Group has raised its interim dividend payout by 150 percent to Sh0.5 per share, even as the bank’s net profit fell by 10 percent. According to the lender’s half-year results for the six months ending June, shareholders received just Sh0.2 per share during the same period last year. The …

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