Bottom Line: Higher to complete wave III

 06/03/26 05:55 EST (Last Price 74.5):

Further advance towards 85.3, the wave 3 extreme is anticipated in this unfolding impulsive sequence.

 

Equity Group has built a reputation as a consistent dividend payer on the Nairobi Securities Exchange.

For the latest financial year:

  • Dividend declared: KES 4.25 per share

  • Dividend payout ratio: about 34.5% of profits

The dividend policy reflects a balanced approach — returning cash to shareholders while retaining earnings to support expansion across Africa.

Equity’s strong capital base and liquidity position have allowed the bank to maintain these shareholder returns while still investing in growth.

In recent years, Equity Group has implemented several strategic moves aimed at strengthening long-term shareholder returns.

1. Regional Expansion Strategy

The bank has aggressively expanded across Africa. Today, regional businesses contribute nearly half of total assets and profits, which diversifies risk and unlocks new growth markets.

2. Digital Banking Scale

Equity has invested heavily in digital platforms, allowing millions of customers to access loans, payments, and financial services through mobile and digital channels.

This improves profitability by lowering operating costs while increasing transaction volumes.

3. Africa Recovery and Resilience Plan

The bank launched the Africa Recovery and Resilience Plan (ARRP) to finance businesses and trade across the continent, positioning itself as a key financial partner in Africa’s economic growth.

These initiatives aim to drive long-term earnings growth, which ultimately supports dividends and share price performance…