19 March 2026
Stanbic Holdings Dividend 2026: Record KES 22.35 Per Share — Fourth Consecutive Increase
The Stanbic Holdings dividend 2026 has been confirmed at a record KES 22.35 per share — the fourth consecutive annual increase and the highest payout in Stanbic’s history. This guide covers the confirmed figures, exactly how much you will earn, and the critical May 15, 2026 book close date you must act before.
For NSE income investors, Stanbic represents a compelling case: one of the highest absolute dividend amounts on the exchange, four consecutive years of increases, a manageable 64% payout ratio, and a payment date already confirmed.
Stanbic Holdings Dividend 2026 — Key Numbers
| Metric | Value |
|---|---|
| NSE ticker | SBIC |
| Total dividend per share (FY2025) | KES 22.35 |
| Interim dividend paid (Oct 2025) | KES 3.80 |
| Final dividend proposed | KES 18.55 |
| Previous year total dividend | KES 20.74 |
| Dividend increase | +7.8% |
| Total dividend pool | KES 8.83 billion |
| Payout ratio | 64.4% |
| FY2025 profit after tax | KES 13.72 billion |
| Current share price | ~KES 197.75 |
| Dividend yield | ~11.3% |
Stanbic Holdings Dividend 2026 — Confirmed FY2025 Results
Flat profit, record dividend
Stanbic Holdings posted profit after tax of KES 13.72 billion for FY2025 — virtually unchanged from KES 13.72 billion in 2024. Yet despite flat profits, the Board raised the dividend for the fourth consecutive year.
Total operating income declined 3.1% to KES 38.51 billion, with both net interest income and non-interest revenue contracting. The result was rescued by a sharp reduction in credit impairment charges, which fell 47.5% to KES 1.63 billion.
| Metric | FY2024 | FY2025 | Change |
|---|---|---|---|
| Profit after tax | KES 13.72 billion | KES 13.72 billion | Flat |
| Total operating income | KES 39.7 billion | KES 38.51 billion | -3.1% |
| Net interest income | KES 24.3 billion | KES 24.08 billion | -1.0% |
| Non-interest revenue | KES 15.4 billion | KES 14.43 billion | -6.4% |
| Credit impairment charges | KES 3.10 billion | KES 1.63 billion | -47.5% |
| Total assets | KES 455 billion | KES 541.25 billion | +19% |
| Total dividend per share | KES 20.74 | KES 22.35 | +7.8% |
Why revenue fell but profit held steady
The CBK cut its benchmark rate by 225 basis points in 2025 — compressing net interest margins across the banking sector. Stanbic’s FX trading income also fell sharply as the Kenya shilling stabilised. Non-interest revenue fell 6.4% driven by a more than 200% collapse in FX margins as the Kenya shilling stabilised near KES 129 to the dollar.
What saved the profit line was credit quality improvement. Loan loss provisions dropped 47.5% to KES 1.63 billion — the group’s credit loss ratio falling to a record low of 0.6%, with the NPL ratio holding at 8.0%. Better loans meant less money set aside for bad debts, which offset the revenue decline.
The balance sheet expanded 18.9% to KES 541.3 billion and Stanbic’s share of diaspora remittance flows rose from 7% to 13% during the year.
The Dividend Breakdown
The interim dividend of KES 3.80 per share was already paid in October 2025.
The proposed final dividend of KES 18.55 per share, when added to the KES 3.80 interim, gives a total of KES 22.35 per share for FY2025.
This amounts to KES 8.83 billion or 64.4% of net profit — the highest payout in Stanbic’s history and part of KES 17.0 billion returned to shareholders over the last two years.
How Much Will You Earn — Earnings Table
Stanbic Holdings dividend 2026 — net earnings by shareholding after 5% withholding tax.
| Shares held | Gross total dividend (KES 22.35) | Tax (5%) | Net total | Net final only (KES 18.55) |
|---|---|---|---|---|
| 50 shares | KES 1,118 | KES 56 | KES 1,062 | KES 881 |
| 100 shares | KES 2,235 | KES 112 | KES 2,123 | KES 1,762 |
| 200 shares | KES 4,470 | KES 224 | KES 4,247 | KES 3,525 |
| 500 shares | KES 11,175 | KES 559 | KES 10,616 | KES 8,811 |
| 1,000 shares | KES 22,350 | KES 1,118 | KES 21,233 | KES 17,622 |
Investment context: At approximately KES 197.75 per share, Stanbic is one of the most expensive stocks on the NSE by share price. 100 shares requires approximately KES 19,775 investment, generating approximately KES 2,123 net total annual dividend — an 10.7% yield on investment.
Critical Dates — Act Now
The Stanbic Holdings dividend 2026 book close is confirmed at May 15 — buy by May 9.
The final dividend will be payable to members registered on the share register on the closure date of May 15, 2026. CNBC Africa
| Date | Event |
|---|---|
| May 15, 2026 | Book close date |
| ~May 12, 2026 | Ex-dividend date — buy before this |
| ~May 9, 2026 | Last day to buy for T+3 settlement |
| ~June 2026 | Final dividend payment |
You have approximately seven weeks. Buy COOP shares by May 9, 2026 to ensure your shares settle by the May 15 book close. This is a confirmed date — unlike most dividend articles that estimate, the May 15 book close for Stanbic is verified.
Stanbic Dividend History — Four Consecutive Years of Growth
The Stanbic Holdings dividend 2026 of KES 22.35 marks four consecutive years of growth.
| Year | Interim | Final | Total DPS | Change |
|---|---|---|---|---|
| 2022 | — | KES 9.00 | KES 9.00 | — |
| 2023 | KES 1.84 | KES 15.62 | KES 17.46 | +94% |
| 2024 | KES 1.84 | KES 18.90 | KES 20.74 | +18.8% |
| 2025 | KES 3.80 | KES 18.55 | KES 22.35 | +7.8% |
The latest per share distribution is more than double the KES 9.00 that Stanbic paid in 2022. Four consecutive years of increases backed by a consistent profit track record makes Stanbic one of the most reliable dividend growth stories on the NSE.
Is the Stanbic Holdings Dividend 2026 Sustainable?
The Stanbic Holdings dividend 2026 payout ratio of 64.4% provides a substantial earnings buffer.
The payout ratio is 64.4% — significantly more conservative than Standard Chartered’s 123% but higher than KCB (33%) and Equity (29%).
A 64% payout ratio means Stanbic retains approximately a third of profits for growth and capital. The dividend could be maintained even if profits fell 36% — a substantial buffer.
The key risk: Revenue headwinds continue into 2026. The group itself flags early electioneering, slow private sector credit uptake, continued FX trading weakness, and global trade shocks as the primary risks entering 2026. If these materialise, profit growth will be limited — but the 64% payout ratio means the dividend can hold flat even without profit growth.
What supports Stanbic’s outlook: System uptime of 99.8% across digital platforms and a rising share of diaspora remittances from 7% to 13% point to a bank winning new business in growing segments. The balance sheet grew 19% to KES 541 billion — the largest single-year expansion in Stanbic’s history — creating a bigger base for future income generation.
Stanbic vs NSE Banking Peers
| Bank | Total DPS | Yield | Payout ratio | FY2025 profit | Confirmed book close |
|---|---|---|---|---|---|
| Standard Chartered | ~KES 45.00 | ~13.3% | 123% | -38% | TBA |
| Stanbic Holdings | KES 22.35 | ~11.3% | 64.4% | Flat | May 15, 2026 ✅ |
| Equity Group | KES 5.75 | ~11.5% | 29% | +55% | TBA |
| COOP Bank | KES 2.50 | ~8.3% | 34.6% | Strong | TBA |
| KCB Group | KES 7.00 | ~9.2% | 33% | +11% | April 2, 2026 ✅ |
Stanbic’s competitive advantage in this table is the confirmed May 15 book close date — allowing investors to plan precisely. Its 64% payout ratio is also the sweet spot between Standard Chartered’s dangerously high 123% and Equity’s very conservative 29%.
For income investors who want high yield without excessive payout risk, Stanbic is the most compelling option after Equity Group.
Should You Buy Before the Stanbic Holdings Dividend 2026 Book Close?
At KES 197.75 with 11.3% yield and a confirmed book close of May 15, Stanbic is attractively priced for income investors.
At what price does Stanbic make sense?
| Share price | Yield on KES 22.35 | Assessment |
|---|---|---|
| Below KES 175 | Above 12.8% | Very attractive |
| KES 175–210 | 10.6–12.8% | Attractive — current range |
| KES 210–250 | 8.9–10.6% | Fair value |
| Above KES 250 | Below 8.9% | Premium |
At KES 197.75, Stanbic sits firmly in the attractive range. The confirmed May 15 book close means you have a clear deadline — buy by May 9 for T+3 settlement.
One caution: Stanbic Bank Kenya has appointed Abraham Ongenge as Acting Chief Executive effective March 1, 2026. New leadership sometimes brings strategic changes including dividend policy reviews. Monitor the first major communication from the new CEO.
How to Buy Stanbic Holdings Shares
You need a CDS account and a licensed NSE stockbroker. See our How to Invest in NSE Kenya 2026 guide for the full process.
Entry cost note: At KES 197.75 per share, 100 shares requires approximately KES 19,775 plus brokerage fees of approximately KES 300–400. This is a higher entry point than COOP (KES 30) or KCB (KES 76) but lower than Standard Chartered (KES 338). Plan your capital accordingly.
FAQ
What is the Stanbic Holdings dividend 2026 per share?
KES 22.35 total — KES 3.80 interim already paid in October 2025 and KES 18.55 final proposed, subject to AGM approval. Net after 5% withholding tax: KES 21.23 per share.
When is Stanbic Holdings book close date 2026?
May 15, 2026. Buy by approximately May 9 to ensure T+3 settlement. Final dividend payment expected approximately June 2026.
Is Stanbic Holdings a good dividend investment?
At 11.3% yield with a 64.4% payout ratio and four consecutive years of dividend increases, Stanbic is one of the strongest income cases on the NSE. The main watch point is whether flat FY2025 profits improve in 2026 — the new CEO’s first results will answer this.
How does Stanbic compare to Standard Chartered for dividend income?
Standard Chartered yields approximately 13.3% but with a 123% payout ratio after a 38% profit decline — significantly riskier. Stanbic yields 11.3% with a 64% payout ratio and flat profits rather than declining. For investors prioritising dividend safety at a high yield level, Stanbic is the stronger choice.
More NSE Dividend Guides
- KCB Dividend 2026 — record KES 7.00 per share
- Equity Bank Dividend 2026 — record KES 5.75 after 55% profit jump
- COOP Bank Dividend 2026 — record KES 2.50 after strong FY2025
- Top NSE Dividend Stocks Kenya 2026 — full yield rankings
- NSE Dividend Calendar 2026 — all payment dates
- How to Invest in NSE Kenya 2026 — start from KES 5,000
FY2025 results confirmed. Book close May 15, 2026 — verified from official Stanbic Holdings announcement. Share price approximately KES 197.75. This article is for educational purposes only and does not constitute financial advice.