CRDB share gains as board proposes Sh26bn dividend
CDRD Bank chief executive officer, Dr Charles Kimei speaks about the bank’s annual general meeting which will be held in Arusha on Saturday this week. Left is deputy managing director for shared servives Esther Kitoka and right deputy managing director of operations and customer service, Mr Saugata Bandyopadhya. PHOTO|EMMANUEL HERMAN
What you need to know:
The bank’s share gained by Sh5 at the Dar es Salaam Stock Exchange (DSE) during the past two days to trade at Sh190.
The Sh10/share translates into a total dividend of Sh26 billion to be deducted from the bank’s last year net profit of Sh75 billion, managing director Charles Kimei said here yesterday.
