Stanbic of Kenya Doubles Interim Dividend Despite Profit Drop
The unit of Standard Bank Group Ltd. will pay a dividend of 3.8 shillings ($0.03) per share, compared with 1.84 shillings a year ago. Net income fell 9% to 6.54 billion shillings, after earnings from loans decreased because of lower lending rates, the Nairobi-based lender said in a statement.
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