Co-op Bank Increases Interim Dividend by 50% to KSh1.50 Per Share

Co-operative Bank of Kenya has approved an interim dividend of KSh1.50 per share, representing a 50 per cent increase from the KSh1 per share paid to shareholders last year.

The dividend announcement comes as the lender reports a 19.6 per cent growth in Profit Before Tax to KSh35.9 billion for the nine months ended September 30, 2026, up from KSh30 billion recorded during a similar period in 2025.

According to the bank’s Q3 2026 financial results, Profit After Tax increased by 27.2 per cent to KSh27.4 billion from KSh21.6 billion in the corresponding period last year.

The Group’s total assets also expanded by 11.3 per cent to KSh907.4 billion, compared to KSh815.3 billion recorded in September 2025.

The bank attributed the strong financial performance to gains made under its 2025–2029 Good to Great Strategy and the Soaring Eagle Transformation Agenda.

In its dividend announcement, Co-op Bank said the KSh1.50 per share payout will go to shareholders whose names appear in the company’s register as of the close of business on November 25, 2026.

The lender has scheduled December 4, 2026, as the payment date for the interim dividend.

The increased payout marks a higher return to shareholders as the bank continues to expand its balance sheet and grow earnings.

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