KCB Group Limited has announced a dividend of Kes 2.5 per share

Declaration date: 06/03/2019

Record date: 29/04/2019

Ex dividend date: 24/04/2019

For year end date: 31/12/2018

Period end date: 31/12/2018

Gross dividend: 2.5

Net dividend: 2.375

Marker: FNL

Frequency: SMA

Tax rate: 5

About the company

Kenya Commercial Bank Limited (KCB Bank) is a financial services institution in Kenya offering products and services to the commercial sector. The banking group offers a full-service offering for commercial and corporate clients and runs an Agency banking model. Its parent company, KCB Group, was founded as a branch of the National Bank of India in Mombasa. Grindlays Bank merged with the National Bank of India in 1958 to form the National & Grindlays Bank. The government of Kenya bought a 60% stake in National & Grindlays Bank and took full control of it in 1970; renaming it Kenya Commercial Group. It was renamed KCB Bank Kenya after a corporate restructure. KCB Bank Kenya is a wholly-owned subsidiary of the KCB Group. Its head office is in Nairobi, Kenya.