Investors and analysts, during the peak of Covid-19 infections, did not expect payouts to snap back quickly to 2019 levels. Kariuki Ngari, the chief executive of Standard Chartered Bank of Kenya, says he does not need to “hold anything in excess” like in 2020 when Covid-19 disruptions convinced him to conserve cash. At the time, […]
Tag: XNAI_COOP
Dividend boom is here as banks turn the corner on Covid woes
Investors and analysts, during the peak of Covid-19 infections, did not expect payouts to snap back quickly to 2019 levels. Kariuki Ngari, the chief executive of Standard Chartered Bank of Kenya, says he does not need to “hold anything in excess” like in 2020 when Covid-19 disruptions convinced him to conserve cash. At the time, […]
Sanlam Kenya Tops The NSE On Thursday, Sameer Africa Tails
KEY POINTS The top loser of the day was Sameer Africa shed off 6.51 percent at the price of 2.44 shillings per share followed by TPS Eastern Africa (Serena) with a loss of 6.15 percent at the price of 12.20 shillings per share. Top Gainers The top gainer of the day at the Nairobi Securities […]
Sanlam Kenya Tops The NSE On Thursday, Sameer Africa Tails
KEY POINTS The top loser of the day was Sameer Africa shed off 6.51 percent at the price of 2.44 shillings per share followed by TPS Eastern Africa (Serena) with a loss of 6.15 percent at the price of 12.20 shillings per share. Top Gainers The top gainer of the day at the Nairobi Securities […]
Co-op Bank struggles to recover Sh287m public loan
The Co-operative Bank of Kenya is struggling to recover part of Sh287.42 million loans it received from the Treasury for on-lending to government projects, according to the latest disclosures on the country’s debt status. The bank, Kenya’s fourth-largest by market share, was among six privately-owned lenders which were listed by the Treasury for owing the […]
Co-op Bank struggles to recover Sh287m public loan
The Co-operative Bank of Kenya is struggling to recover part of Sh287.42 million loans it received from the Treasury for on-lending to government projects, according to the latest disclosures on the country’s debt status. The bank, Kenya’s fourth-largest by market share, was among six privately-owned lenders which were listed by the Treasury for owing the […]
Top 5 Gainers, Losers And Movers At The NSE On Tuesday
Top gainers The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) were Stanbic Holdings, Stanlib Fahari Income – REIT, Sasini, Bamburi Cement, and Carbacid Investments. Stanbic Holdings gained 3.76 percent at the price of 89.75 shillings per share followed by Stanlib Fahari Income – REIT with 2.65 percent at the price […]
Safaricom Moves 3.10 Million Shares To Top The NSE
Kenya’s telecommunications giant, Safaricom was the top mover of the day at the Nairobi Securities Exchange (NSE) after selling 3.10 million shares with a market capitalization of 1.62 trillion shillings. Kenya Re-Insurance was the second top mover with 1.54 million shares and a market capitalization of 6.92 billion shillings followed by East Africa Breweries Limited […]
Co-operative Bank Kenya: Dividend Book Closure 2022
Co-operative Bank Kenya shareholders on the Company’s Register of Members as of 30th May 2022 to receive a Dividend Payment of KES 1.0 per share. Dividend AmountKES 1.0Dividend TypeCash DividendEx-Dividend / Book Closure30th May 2022Payment Date17th June 2022
Co-operative Bank Kenya: Dividend Payment 2022
The Co-operative Bank Kenya shareholders to receive a Dividend Payment of KES 1 per share on 17th June 2022. This only applies to shareholders on the Company’s Register of Members as of 30th May 2022. Dividend AmountKES 1.0Dividend TypeCash DividendEx-Dividend / Book Closure30th May 2022Payment Date17th June 2022