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Co-operative Bank of Kenya shareholders will from next week Thursday start receiving Sh5.86 billion dividend despite the coronavirus pandemic that has interfered with the holding of the annual general meeting (AGM).
The lender has told its investors that the dividend shall be paid on or about April 23, being earlier than the pay date for last year when shareholders received dividends from June 7.
This is in line with the advice from the Capital Markets Authority (CMA), which on April 3 allowed firms to pay dividends without approval from shareholders.
