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Originally published by Capital Business
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business
August 12, 2026
1mo ago

KCB raises interim dividend 50pc to Sh3 on higher profit

KCB raises interim dividend 50pc to Sh3 on higher profit

The lender will pay shareholders a total of Sh9.64 billion, up from the Sh2 per share paid in the same period last year...

✨ Key Highlights

KCB Group has announced a 50% increase in its interim dividend to Sh3 per share for the six months ended June 2026, driven by a significant rise in earnings.

  • The bank's gross profit surged by 20.8% to Sh49.3 billion.
  • This payout will see shareholders receive a total of Sh9.64 billion.
  • CEO Paul Russo attributed the strong performance to the group's diversified business model and effective cost management.

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Part of the Day's Coverage

KCB raises interim dividend 50pc to Sh3 on higher profit - August 2026

KCB Group has announced a 50% increase in its interim dividend to Sh3 per share for the six months ended June 2026, driven by a significant rise in earnings. Co-operative Bank of Kenya separately posted 28 percent growth in net profit during the same period. Sanlam Allianz Holdings (Kenya) also reported a fourfold increase in net profit, reaching Sh124.6 million for the first half of 2026, up from the same period last year. Car & General reported its net profit increased four-fold to Sh2.6 billion in the first half of 2026, driven by robust sales growth across key markets.

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