Stanbic Holding, which comprises Stanbic Bank Kenya, its South Sudan operations, investment bank SBG Securities and bancassurance business, attributed the dividend cut to a need to boost its...
By
George Ngigi
Correspondent
Nation Media Group
Stanbic Holdings Plc has cut its interim dividend payout by more than half despite its profit remaining flat as it seeks to boost capital and support growth.
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Stanbic Holdings posted a marginal rise in half-year profit to Sh6.61 billion but cut its interim dividend by more than half…
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