Stanbic Bank to payout Ushs 60 billion shillings in dividends to shareholders

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By Our Reporter Stanbic Bank shareholders approved a Ushs 60 billion payout as dividends at their Annual General Meeting held on 10th May in Kampala. It represents a 50% increment from the Ushs 40 billion paid in 2015 and is equivalent to Ushs 1.17 dividend per share up from Ushs 0.78 the previous year. Opening the AGM with over 400 shareholders the Board Chairman Japheth Katto said, “2016