THE Zambia Industrial Commercial Bank (ZICB) has handed over a dividend cheque of K9 million to the National Pension Scheme Authority (NAPSA) and other shareholders. Of the K9 million, K5.8 million was received by NAPSA, which is the majority shareholder. The cheque marked the Bank’s first-ever dividend payout within its seven-year period of operation. Speaking at the dividend payout, Thursday, ZICB Board Chairperson Danny Luswili said the dividend represented a 30 per cent payout ratio from the Bank’s Net Profit After Tax of K31 million for the year ended December 2024. “Today we celebrate yet another milestone. ZICB is proud to announce a total dividend payout of K9 million to our shareholders. This dividend represents a 30 per cent payout...

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