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Originally published by Capital Businessbusiness
June 25, 2025
4mo ago
Family Bank dividend up 53pc to Sh1.1bn on profit rise
NAIROBI, Kenya, June 25 - Shareholders of Family Bank will receive a total of Sh1.1 billion in dividends after approvals. Each 2024 share is equivalent to Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Family Bank has announced a significant increase in dividends, rising by 53 percent to Sh1.1 billion due to a boost in profit.
- The dividend per share for 2024 is Sh0.85, up from Sh723 million in 2023.
- Key figures include Family Bank Chairman Lazarus Muema and CEO Nancy Njau.
- The increase follows a 38 percent surge in profit after tax, totaling Sh3.4 billion for the year ended 2024.
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