Sun, 30 Aug 2020 05:36:24 +0000 Pollard heroics keep TKR perfect

Kieron Pollard delivered a meteoric performance with the bat by blasting 72 runs off 28 balls to steer the Trinbago Knight Riders (TKR) to an astonishing two-wicket win over reigning Hero Caribbean Premier League (CPL) T20 champions Barbados Tridents when match 17 bowled off at the Queen’s Park Oval, St Clair on Saturday. Without the likes of seasoned campaigners Dwayne Bravo, Sunil Narine and Ali Khan in the the TKR lineup, Pollard entered his team’s chase of 149, struggling at 62 for five with just 44 balls remaining. However, the burly big-hitter delivered a captain’s display smashing nine sixes and two fours which led TKR needing just eight runs off the final four balls. Incoming batsman Jayden Seales immediately got off the mark but it was Khary Pierre (10 not out) who ensured Pollard’s heroics did not go in vain as he sliced through point to score a Hero maximum then secure the winning run off the penultimate ball to maintain TKR’s flawless start to their campaign. Batting first, Barbados Tridents rallied to 148 for seven steered by opening batsman Johnson Charles (47) and Kyle Mayers (42). Akeal Hosein’s (2/31) tournament introduction to the TKR bowling attack paid early dividends as he scalp

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Sat, 29 Aug 2020 10:00:21 +0000 Athene Declares Q3 Preferred Stock Dividends

Athene Holding Ltd. announced that it has declared the following preferred stock dividends on its non-cumulative preference shares. A spokesperson said, “Athene Holding Ltd. announced that it has declared the following preferred stock dividends on its non-cumulative preference shares [represented by depositary shares, each representing a 1/1,000th interest in a preference share], payable on September […](Click to read the full article)

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Thu, 27 Aug 2020 21:33:44 +0000 Caribbean Cream Limited (KREMI) Considers Dividend

Caribbean Cream Limited (KREMI) has advised that at a Board of Directors’ meeting scheduled to be held on Thursday, September 3, 2020, a dividend payment will be considered. The post Caribbean Cream Limited (KREMI) Considers Dividend appeared first on Jamaica Stock Exchange.

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Mon, 17 Aug 2020 22:28:42 +0000 Eppley Caribbean Property Fund Limited (CPFV) Declares Dividend

The Board of Directors of Eppley Caribbean Property Fund Limited (CPFV) has declared an ordinary dividend of BBD$0.018 per share.  Payment will be made on October 30, 2020 to all shareholders on record as at August 31, 2020. The ex-dividend date is August 28, 2020. The post Eppley Caribbean Property Fund Limited (CPFV) Declares Dividend appeared first on Jamaica Stock Exchange.

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Mon, 17 Aug 2020 21:54:21 +0000 Cribbean Flavours and Fragrances Limited (CFF) Declares Dividend

Cribbean Flavours and Fragrances Limited (CFF) has advised that their Board of Directors met on August 12, 2020 and approved a dividend payment of $0.25 per share to shareholders on record as at August 28, 2020, to be paid on September 11, 2020. The ex-dividend date is August 27, 2020. The post Cribbean Flavours and Fragrances Limited (CFF) Declares Dividend appeared first on Jamaica Stock Exchange.

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Mon, 17 Aug 2020 06:01:55 +0000 Into the heart of darkness

IF YOU look deeply enough into the heart of darkness, you might just see yourself looking back. In September 2015, I wrote a column titled Heart of Darkness about the racist vitriol that erupted shortly after that general election. Five years later, just days after the 2020 general election, I find myself writing a follow-up that mirrors my 2015 commentary. The percolating troubled race relations we see in TT today is the dividend of investments politicians have made in sowing divisions among the population to make us conquerable and pliable. To be clear, Trini politicians didn't make us racist, they merely weaponised pre-existing prejudices and cultural stereotypes. Racism, like a desert flower, just needs a tincture of moisture to blossom. Our political culture is more than happy to pitch in. If the greatest trick the devil ever pulled was convincing us he doesn't exist, then the greatest lie ever told is that racism is the preserve of one group or one political party in TT. Naila Ramsaran, human-being-turned-lightning rod, allowed the country a peek into her heart of darkness with a vile outburst of racist vitriol. Reactions were swift and brutal. The Ramsaran beverage business was swept up in the tidal wave of the wildly popular cancel cult

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Fri, 14 Aug 2020 22:00:10 +0000 Community & Workers of Jamaica Co-operative Credit Union Limited (CWJDEFERREDA) – Dividend Payment Schedule for Series A – 7.35%

Community & Workers of Jamaica Co-operative Credit Union Limited (CWJDEFERREDA) has advised that dividend payments on the Series A -7.35% Variable Rate JMD Deferred Shares due 2023 (the Deferred Shares) will be made on the 15th day of each month to shareholders on record as at the 28th day of the prior month. If the […] The post Community & Workers of Jamaica Co-operative Credit Union Limited (CWJDEFERREDA) – Dividend Payment Schedule for Series A – 7.35% appeared first on Jamaica Stock Exchange.

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Thu, 13 Aug 2020 14:20:15 +0000 Panjam Investment Limited (PJAM) Declares No Dividend

Panjam Investment Limited (PJAM) has advised that their Board of Directors met on August 12, 2020, and among the items discussed was the declaration of an interim dividend. PJAM further advised that they agreed that no dividend would be declared at this time and that the matter would be further assessed at the next Board […] The post Panjam Investment Limited (PJAM) Declares No Dividend appeared first on Jamaica Stock Exchange.

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Thu, 13 Aug 2020 05:44:54 +0000 GML Q2 revenues drop 34%

Guardian Media Ltd has recorded a $6.8 million loss for the second quarter of 2020, or an 89 per cent change from the same period last year. Revenues for the period was were also down 34 per cent, or $18.6 million compared to $28.3 million year-on-year. The company had turned a profit of $1.3 million in the first quarter 2020. Year-to-date revenues (the first six months of the year) were $46.9 million, down ten per cent from the $52 million the previous year. The year-to-date loss was $5.5 million, compared to $8.9 million the same period prior. Despite the unprecedented covid19 impact in 2020, chairman Peter Clarke said, the company managed the year-over-year revenue loss to ten per cent on account of a string first quarter sales performance and prior year investments to improving topline results. The company had previously reported improvements in sales and services, transforming editorial relevance, among other things, which all positioned it well to respond tot he covid10 crisis “with great agility.” Clarke said the company focused on bottom line results from cost savings initiatives and improving the efficiency and effectiveness of operations, and this contributed to a lower reported loss in 2020 versus 2019. The company said it

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Thu, 13 Aug 2020 05:44:54 +0000 GML Q2 revenues drop 34 per cent

Guardian Media Ltd has recorded a $6.8 million loss for the second quarter of 2020, or an 89 per cent change from the same period last year. Revenues for the period was were also down 34 per cent, or $18.6 million compared to $28.3 million year-on-year. The company had turned a profit of $1.3 million in the first quarter 2020. Year-to-date revenues (the first six months of the year) were $46.9 million, down ten per cent from the $52 million the previous year. The year-to-date loss was $5.5 million, compared to $8.9 million the same period prior. Despite the unprecedented covid19 impact in 2020, chairman Peter Clarke said, the company managed the year-over-year revenue loss to ten per cent on account of a string first quarter sales performance and prior year investments to improving topline results. The company had previously reported improvements in sales and services, transforming editorial relevance, among other things, which all positioned it well to respond tot he covid10 crisis “with great agility.” Clarke said the company focused on bottom line results from cost savings initiatives and improving the efficiency and effectiveness of operations, and this contributed to a lower reported loss in 2020 versus 2019. The

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Tue, 11 Aug 2020 16:50:54 +0000 UTC records $73m second quarter profit

The Unit Trust Corporation (UTC) has bounced back with solid second quarter earnings after taking a hit in the first quarter from the covid19 pandemic, which battered global stock markets. In a release Tuesday, the UTC said it posted a net income of $73 million for the three months ended June 30, and for the first six months of the year, a net income of $28 million, getting back in the black after a $45 million loss in the first quarter. Assets under management rose to $22.9 billion in the last quarter compared with $22.6 billion in the same period a year ago. While acknowledging that the uncertainties associated with covid19 remain elevated, the UTC attributed its second-quarter gains to proactive, research-driven investment strategies. “We continue to be cautiously optimistic that the short-term market volatility will not impair long-term growth prospects,” said UTC chairman Gerry Brooks. “Our team is committed to continuing our strategic, professional and clinical approach to ensure our unitholders get value from every decision we make.” “We are staying focused and will keep building on our strengths even as we navigate the challenges ahead,” said Nigel Edwards, the UTC’s executive director. In his chairman’s report, Brooks ad

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Sat, 08 Aug 2020 10:00:47 +0000 Essent Reports Q2 Results & Declares Dividend

Essent Group Ltd. reported net income for the quarter ended June 30, 2020 of $15.4 million or $0.15 per diluted share, compared to $136.4 million or $1.39 per diluted share for the quarter ended June 30, 2019. Essent also announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common […](Click to read the full article)

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Sat, 08 Aug 2020 00:43:45 +0000 Barita Investments Limited (BIL) Dividend Declaration

The Board of Directors of Barita Investments Limited approved a Board Resolution on August 7, 2020, for an interim dividend of $2.216 per stock unit payable on October 7, 2020, to shareholders on record at the close of business on September 22, 2020. Ex-dividend date is September 21, 2020. The post Barita Investments Limited (BIL) Dividend Declaration appeared first on Jamaica Stock Exchange.

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Thu, 06 Aug 2020 06:20:08 +0000 See-saw year of declines, acquisitions for Phoenix Park Gas

THE YEAR 2019 proved to be a challenging one for TTNGL Limited (TTNGL), and its underlying investment Phoenix Park Gas Processors Limited (PPGPL), but was also a year of landmark accomplishments. This was reported by TTNGL chairman Conrad Enill last week during the company's first virtual annual general meeting. "2019 was challenging for PPGPL as it was for the global energy sector. But crucially, 2019 was a year of tremendous accomplishments and opportunities because of PPGPL’s commitment, perseverance and resolve to achieve sustained growth and continue to remain a consistently profitable company." He explained that in 2019 PPGPL operated in an environment of lower Mont Belvieu product prices (the benchmark price for propane/LPG), reduced natural gas liquids (NGL) production and an increase in feedstock costs. The company also operated under the framework of amended international accounting standards which negatively impacted its 2019 performance. These standards included the international financial reporting standards (IFRS) 9 and 16: financial instruments and leases, respectively. Earnings were affected by the recognition of the accounting impact of these standards and in particular IFRS 9 with the recognition of a credit loss allowance for receivables

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Wed, 05 Aug 2020 09:17:13 +0000 RenaissanceRe Announces Quarterly Dividend

The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.35 per common share on its common shares. The dividend is payable on September 30, 2020, to shareholders of record on September 15, 2020. Related Stories RenaissanceRe Increases Quarterly Dividend RenRe Receives Approvals For Acquisition RenaissanceRe Declare Quarterly Dividend Fitch Affirms RenaissanceRe’s Ratings RenaissanceRe Declare Quarterly Dividend […](Click to read the full article)

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Tue, 04 Aug 2020 21:45:45 +0000 Caribbean Flavours and Fragrances Limited (CFF)

Caribbean Flavours and Fragrances Limited (CFF) has advised that their Board of Directors will be meeting on Wednesday, August 12, 2020, for the consideration of a recommendation for the payment of an interim dividend. The post Caribbean Flavours and Fragrances Limited (CFF) appeared first on Jamaica Stock Exchange.

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Thu, 30 Jul 2020 22:18:20 +0000 Eppley Limited (EPLY) Refinances US$ Preference Shares

Eppley Limited (EPLY) has advised that the Company has effectively refinanced its US$ Preference Shares. “As a result of requisite approvals received from holders of the US$ Preference Shares, the maturity date with respect to the US$ Preference Shares is now January 24, 2024 and the agreed dividend rate will be 6% per annum, payable […] The post Eppley Limited (EPLY) Refinances US$ Preference Shares appeared first on Jamaica Stock Exchange.

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Fri, 31 Jul 2020 00:24:39 +0000 Jamaica Stock Exchange (JSE) Declares Dividend

The Jamaica Stock Exchange (JSE) has advised that the Board of Directors approved a dividend payment to its ordinary shareholders at the Board Meeting held on July 30, 2020: Dividend per Share –      $0.15 Record Date              –     August 14, 2020 Payment Date          […] The post Jamaica Stock Exchange (JSE) Declares Dividend appeared first on Jamaica Stock Exchange.

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Thu, 30 Jul 2020 22:18:20 +0000 Eppley Limited (EPLY) Refinances US$

Eppley Limited (EPLY) has advised that the Company has effectively refinanced its US$ Preference Shares. “As a result of requisite approvals received from holders of the US$ Preference Shares, the maturity date with respect to the US$ Preference Shares is now January 24, 2024 and the agreed dividend rate will be 6% per annum, payable […] The post Eppley Limited (EPLY) Refinances US$ appeared first on Jamaica Stock Exchange.

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Wed, 29 Jul 2020 23:15:34 +0000 Jamaica Public Service Company Limited (JPS) Declares Dividend

Jamaica Public Service Company Limited (JPS) has advised that its Board of Directors has considered and approved the declaration of dividends for: 1. Preference Shares B, C, D and E payable on October 1, 2020 to shareholders on record at the close of business on September 15, 2020. The ex-dividend date is September 14, 2020; […] The post Jamaica Public Service Company Limited (JPS) Declares Dividend appeared first on Jamaica Stock Exchange.

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Wed, 29 Jul 2020 18:58:54 +0000 Rowley tells UNC: Hands off UTC / NIB

THE Prime Minister is warning voters against “playing fast and loose” with the UNC's plans to tap into the cash reserves of the Unit Trust Corporation (UTC) and the National Insurance Board (NIB). Dr Rowley, political leader of the PNM, made the comment at an election campaign meeting at the San Fernando city auditorium on Monday night. The meeting was held in support of candidates for San Fernando East and West, Brian Manning and Faris Al-Rawi, Pointe-a-Pierre Daniel Dookie and Fyzabad, Solange De Souza.. "The Opposition Leader has put out a document where she has spoken about tapping into the cash reserves and mobilising the cash reserves of the NIB and the UTC. “The money at the UTC are your private savings. I don’t know what role the government has for any access or what plan they have so they could tap into and mobilise UTC cash reserves.” Rowley said the only way the UTC reserves could be made available to government is if government is trying to raise a bond and UTC decides to buy some of those bonds. “Not too much, because UTC has to be very careful. It may buy some bonds, but you can’t come and tell the country the way you will treat with the country’s financial situation is to tap into the cash reserves of the UTC.

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Wed, 29 Jul 2020 15:54:06 +0000 NCB releases Q3 results next week

NCB Financial Group advises that its board meeting to consider and approve the release of the nine-month unaudited financial statements at a board meeting scheduled for August 4, 2020. The company stated that further releases issued in April and May this year, they are confirming that a dividend is not likely to be declared at […]

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Wed, 29 Jul 2020 14:30:36 +0000 NCB Financial Group Limited (NCBFG) – Dividend Consideration

Investor Release – NCB Financial Group Limited Advises of Board Meeting Date NCB Financial Group Limited (NCBFG) has advised that its Board Meeting to consider and approve the release of the nine-month unaudited financial statements has been scheduled for August 4, 2020. NCBFG states, “Further to our releases issued in April and May, 2020, we […] The post NCB Financial Group Limited (NCBFG) – Dividend Consideration appeared first on Jamaica Stock Exchange.

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Tue, 28 Jul 2020 14:26:15 +0000 Cargo Handlers Limited (CHL) – Consideration of Dividend

Cargo Handlers Limited (CHL) has advised that a meeting of their Board of Directors scheduled  for August 4, has been rescheduled to August 11, 2020, to consider the payment of an interim dividend for the year 2020. The post Cargo Handlers Limited (CHL) – Consideration of Dividend appeared first on Jamaica Stock Exchange.

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Fri, 24 Jul 2020 14:39:44 +0000 Barita Investments Limited (BIL) – Consideration of Dividend

Barita Investments Limited (BIL) has advised that a meeting of their Board of Directors scheduled of July 23, 2020, to consider a resolution for the declaration of an interim dividend was deferred. BIL further advised that a decision was made to defer the tabling of the resolution until the next Board meeting to be held […] The post Barita Investments Limited (BIL) – Consideration of Dividend appeared first on Jamaica Stock Exchange.

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