Stanchart stock gains big ahead of full-year results announcement
Nairobi, Jan. 10 -- Standard Chartered Bank Kenya's share price touched a new 52-week high of Sh160 on Monday as the stock continued to climb ahead of the announcement of the lender's full-year results within the next two months.
The share price closed at an average of Sh153.75, marking a 19.2 percent rally over the past 12 months.
Stanchart is expected to announce a final dividend for the year ended December 2022, having made a record interim payout of Sh6 per share two weeks ago.
The Nairobi Securities Exchange-listed firm paid a total dividend of Sh19 per share for the year ended December 2021.
Despite the recent share price gains, Stanchart remains among the listed companies with a high dividend yield of more than 12 percent.
It ...
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