The Kenyatta family is set to pocket approximately Sh1.2 billion in dividends following NCBA Group PLC’s declaration of a Sh5.50 per share payout for the financial year ending December 2024.
Holding 217.5 million shares in the bank, the Kenyatta family remains among the largest beneficiaries of NCBA’s robust profitability. Their earnings have increased from the Sh1 billion they received in 2024, reflecting the bank’s strong financial performance.
Similarly, the Ndegwa family, another major shareholder with 246 million shares in NCBA, is expected to earn approximately Sh1.3 billion in dividend payouts, up from the Sh1.17 billion they received in the previous year.
Increased Dividends for Shareholders
NCBA has announced a total dividend payout of Sh9 billion to its shareholders, marking a significant rise from the Sh7 billion disbursed in 2024. This upward trend highlights the bank’s solid financial position and commitment to rewarding investors.
The increased dividends demonstrate NCBA’s continued growth and stability in Kenya’s banking sector. As one of the country’s leading financial institutions, NCBA’s strong earnings and attractive dividend policies reinforce investor confidence in the bank’s long-term prospects.
With these payouts, the Kenyatta and Ndegwa families reaffirm their positions as key stakeholders in NCBA, benefiting from the bank’s expanding profitability and increasing shareholder returns.
The latest dividend declaration underscores NCBA’s commitment to enhancing shareholder value and maintaining its position as a leading player in Kenya’s financial landscape.
