Stanbic to pay out Shs110b dividend amid Covid-19
Friday January 01 2021
Summary
In a notice issued and signed by Mr Andrew Mashanda, chief executive officer, Stanbic Uganda holdings limited, the company announced that it had received regulatory approval for the dividend payout.
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Stanbic Uganda holdings Limited, the holding company of Stanbic bank, Stanbic Properties limited and Stanbic Business Incubator, has reversed its July resolution and announced that it will in April pay out the final dividend of Shs110b to its shareholders for the period ended December 31, 2019.
In a notice issued and signed by Mr Andrew Mashanda, chief executive officer, Stanbic Uganda holdings limited, the company announced that it had received regulatory approval for the dividend payout.