Treasury CS Ukur Yatani on Wednesday received the government's dividend cheque worth Sh2.1 billion from Kenya Commercial Bank. This comes after KCB Group PLC announced a Sh11.1 billion total dividend payout to shareholders for the 2019 financial year, signifying a sustained return to shareholders amid a tough operating environment. Shareholders approved a final Sh2.50 dividend per ordinary share as recommended by the board at this year’s Annual General Meeting. The payout brings to Sh3.5, the total dividend for the year, taking into account an interim dividend of Sh1 per share paid out last November. The dividend will be paid on or before July 3, 2020 to shareholders on the register as of close of business on April 27, 2020.

Source: The Star June 17, 2020 10:33 UTC