Market Intelligence

Banks could pay bumper dividends as retained earnings soar

by BALA AUGIE

January 8, 2018 | 1:45 am
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Banks in Africa’s largest economy could reward shareholders with a bumper dividend in 2018 as accumulated profit has soared, giving an impetus to capital. Investors attach a strong attachment dividend because that income in the form of cash flow guarantees them a return on investment. Analysts are of the view that banks that have a…

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by BALA AUGIE

January 8, 2018 | 1:45 am
  |     |     |   Start Conversation

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