Following the results, the bank declared a dividend payout of Sh2 per share resulting into a total of Sh7.5 billion. Mwangi is the highest individual shareholder in the bank with 5.52 per cent stake of its 3.77 billion shares. The chief executive controls a total of 208 million shares in the bank with a market value of Sh8.93 billion. His stake in the bank is now above that of Co-operatives Bank's Gideon Muriuki who has reduced his take in the bank to 103 million shares from 110.3 million. KCB Group leads the pack with Sh24 billion, Cooperative Bank 12.7 billion, Barclays Bank Sh7.4 billion, Diamond Trust Bank Sh7.08 billion and Stanbic Bank at Sh6.17 billion.

Source: The Star March 27, 2019 02:48 UTC