Standard Chartered Bank to pay dividend next month

Standard Chartered Bank has announced a final dividend of GHS1.74 per share (11.5%y/y growth) in respect of the 2020 financial year. This was driven the bank’s robust financial results that saw net earnings jump by nearly 70%y/y to GHS478.30 million in FY2020. However, the bank’s payout ratio has dropped to 49%, the lowest in the last three years.  Please see the details below. Final Dividend SCB announces that the Company’s...