Co-op interim dividend up 50pc as profit hits Sh27bn

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Co-operative Bank of Kenya has raised its interim dividend by 50 percent to Sh1.50 per share after the lender’s net profit for the nine months ended September rose 27.2 percent to Sh27.43 billion.

The net earnings grew from Sh21.56 billion posted in the third quarter ended September 2024 and came on the back of a rise in interest and non-interest income.

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