LIC Chairman Siddhartha Mohanty presented the dividend cheque as the government s share of dividend in the presence of Department of Financial Services Additional Secretary MP Tangirala, the insurer said in a statement. The dividend was approved by the shareholders in the annual general meeting held on August 22, it said.
Saccos are in line for a Sh3.79 billion dividend cheque from the Cooperative Bank of Kenya, pushing their cumulative receipts to Sh25.3 billion in seven years.