I expect 7.50-10 for the final dividend. She 15 is 11.4% DY.

FY20; Equity didn't pay any dividend.

If it's FY21 dividend of they will pay ,it's ksh.2-2.50 per share.

Do not compare Exciting Equity with Dull DTB.
Equity didn't pay a divided for FY19 when it was looking to buy ATMA units in 4-5 countries.
And then in FY20 is started looking at BCDC ($90mn) so it played it safe.
For FY21 I expect Shs 3-5.

Dull DTB paid 2.60 for FY19 and zero in FY20. Meanwhile, its EPS has stayed the same from 2016-2019. Look at the RoE. It is now less than 10% vs Equity's which is closer to 15% (est FY21)

Let's see. JM said 30-50% of EPS. I will take his word over yours.

Standard Chartered (STAN.L) is completely shutting its business in seven countries in Africa and the Middle East as it seeks to improve profits by narrowing its focus to faster-growing markets in the region, it said on Thursday.

The bank will fully exit Angola, Cameroon, Gambia, Jordan, Lebanon, Sierra Leone and Zimbabwe.

It will also close its retail banking operations in Tanzania and Ivory Coast to focus solely on corporate banking.

The move marks a major shift for Standard Chartered, which has been among the biggest European lenders to invest in the continent in recent years at a time when peers have been withdrawing.
The bank intends to keep investing in Africa and the Middle East but "remain disciplined in our assessment of where we can deliver significantly improved shareholder returns," said Chief Executive Bill Winters.

The cuts would allow it to focus on bigger and faster growing economies in the region, such as Saudi Arabia where it has opened its first branch, and Egypt.

The markets being exited generated around 1% of total income in 2021 and a similar proportion of profit before tax, the bank said. StanChart is currently present in 59 markets and serves clients in a further 83.

It did not immediately comment on the number of job losses as a result of the cuts.
OUT OF AFRICA

StanChart joins the ranks of other global players to reduce their presence in Africa in recent years as they struggle to reach scale compared with incumbent locals while the region's economy has faltered.

It has pursued a strategy of investing heavily in digital banking in Africa but, like other global lenders, found it hard to translate customer acquisition into steady profits.

Barclays (BARC.L) sold its African unit in 2016, ending its 90-year presence on the continent, while Credit Suisse pulled out of its wealth management business in nine African countries this year.

The economy in Sub-Saharan Africa, home to many of the poorest nations on earth, has contracted sharply during the pandemic and has struggled to recover compared with developed economies, many of which have seen a sharp and stimulus-fuelled bounce back.

The International Monetary Fund predicted in October that the region's economy would expand by 3.7%-3.8% this year and last - the slowest recovery relative to other regions around the globe.

Some lenders are still scaling up in Africa, with Deutsche Bank saying last year it will expand its private bank in the region.

https://www.reuters.com/...-middle-east-2022-04-14/