Diamond Trust Bank (DTB) has resumed paying dividends offering shareholders a payout of KSh3 per share for the year ended December 2021.
The total payout of KSh838.89 million in dividends is equivalent to 21.4 percent of its net income for the period.
“The dividend payout recognises not just the performance we had in 2021 but also in making sure that we have an equitable balance between the return that we provide to the shareholders and the money that we will need to invest in the future so that we achieve our strategy of being socially and economically relevant,” said DTB finance director Alkarim Jiwa.
The lender reported Ksh .4.4 billion in Profit After Tax (PAT) FY2021, a 25.7 percent growth compared to Ksh 3.5B billion FY2020 largely attributable to interest income from investments in government securities.
Khusoko is now on Telegram. Click here to join our channel and stay updated with the latest East African business news and updates.