Thu, 12 Mar 2020 14:16:04 +0000 Scotia Group Jamaica Limited (SGJ) Declares Dividend

Scotia Group Jamaica Limited (SGJ) has advised that their Board of Directors on March 11, 2020, passed the following resolution: “Be it resolved that a first interim dividend of 55 cents be paid on each stock unit of the paid up capital of the Company to stockholders on record as at the close of business […] The post Scotia Group Jamaica Limited (SGJ) Declares Dividend appeared first on Jamaica Stock Exchange.

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Mon, 09 Mar 2020 04:03:02 +0000 Derrimon Trading Company Limited (DTL) Audited Consolidated Financial Statements for the Year Ended December 31, 2019 (Revised)

DERRIMON-TRADING-AUDITED-FINANCIAL-STATEMENTS-FY-2019_V2 Notes for adjusted 2019 financial statements Page 1 – Earnings per share was previously $0.126 now corrected to show $0.106 for 2019 Page 3 – Group Dividends paid for 2018 was stated as 19,134 now corrected to 19,132 Page 3 – Group Dividends paid for 2019 was stated as 65,850 now corrected to 27,334 […] The post Derrimon Trading Company Limited (DTL) Audited Consolidated Financial Statements for the Year Ended December 31, 2019 (Revised) appeared first on Jamaica Stock Exchange.

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Mon, 09 Mar 2020 22:46:49 +0000 PanJam Investment Limited (PJAM) Declares Dividend

PanJam Investment Limited (PJAM) has declared a dividend of 27.5 cents per stock unit payable on April 8, 2020 to stockholders on record as at the close of business on March 23, 2020. The ex-dividend date will be March 20, 2020. The post PanJam Investment Limited (PJAM) Declares Dividend appeared first on Jamaica Stock Exchange.

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Wed, 11 Mar 2020 22:37:52 +0000 Jamaica Stock Exchange Limited (JSE) Declares Dividend

Jamaica Stock Exchange Limited (JSE) has advised that at a meeting of their Board of Directors on March 11, 2020, the directors declared a dividend of $0.37 per ordinary share payable to shareholders on record as at March 25, 2020, to be paid on March 31, 2020. JSE further advised that this represents the final […] The post Jamaica Stock Exchange Limited (JSE) Declares Dividend appeared first on Jamaica Stock Exchange.

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Fri, 21 Feb 2020 21:15:56 +0000 Main Event Entertainment Group Limited (MEEG) Declares Dividend

Main Event Entertainment Group Limited (MEEG) has advised that its Board of Directors at their meeting held on February 20, 2020, approved a resolution to declare an interim dividend of nine cents ($0.09) per stock unit payable on March 23, 2020, to stockholders on record at the close of business on March 6, 2020. The […] The post Main Event Entertainment Group Limited (MEEG) Declares Dividend appeared first on Jamaica Stock Exchange.

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Tue, 18 Feb 2020 04:31:23 +0000 MSJ: FCB IPO scandal shares should be forfeited

ALL 634,588 First Citizens (FCB) shares acquired by the bank's former chief risk officer Phillip Rahaman in 2014 through Bourse Security should be forfeited and placed into the open market for purchase by Unit Trust or the National Insurance Board, credit unions and pension funds. Those were the words of Movement for Social Justice (MSJ) leader David Abdulah as he addressed the media on the initial public offering (IPO) scandal, at his office on Lord Street, San Fernando, on Sunday. “A couple weeks ago the TT Security and Exchange Commission (TTSEC) started issuing public statements with regard to significant fines (that) had been imposed on Phillip Rahaman, (his relative) Imtiaz Rahaman and Subhas Ramkhelawan, the head of Bourse Security.” The SEC fined the parties a collective $2.8 million. Rahaman and his relative each paid $750,000 "without any admission of liability" while Bourse paid $1.3 million, also not admitting liability. The IPO was in August 2013. In early 2014 the media broke the story that Rahaman, then chief risk officer of FCB was able to acquire some 659,000 shares through the employee bucket – shares set aside specifically for employees. This bucket was undersubscribed and on the last day of the IPO purchase day, Raham

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Mon, 17 Feb 2020 23:26:53 +0000 Main Event Entertainment Group Limited (MEEG) Considers Dividend

Main Event Entertainment Group Limited (MEEG) has advised that at a meeting of their Board of Directors scheduled to be held on February 20, 2020, an interim dividend payment will be considered. The post Main Event Entertainment Group Limited (MEEG) Considers Dividend appeared first on Jamaica Stock Exchange.

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Mon, 17 Feb 2020 14:25:42 +0000 Sygnus Credit Investments (SCI) Declares Dividend

Sygnus Credit Investments (SCI) has advised that at a meeting of SCI’s Board of Directors, held on February 13, 2020, an interim dividend of US$0.0029 per share was declared. The dividend payment will be made to all shareholders on record as at March 16, 2020 and will be paid on April 6, 2020. The ex-dividend […] The post Sygnus Credit Investments (SCI) Declares Dividend appeared first on Jamaica Stock Exchange.

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Thu, 13 Feb 2020 10:49:08 +0000 Watford Reports 2019 Fourth Quarter Results

Watford Holdings Ltd. reported a net loss of $16.9 million, after $1.2 million of preference dividends, for the three months ended December 31, 2019, compared to a net loss of $95.3 million, after payment of $4.9 million of preference dividends, in the same period in 2018. Book value per diluted common share was $43.49 at […](Click to read the full article)

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Wed, 12 Feb 2020 22:02:39 +0000 Dolphin Cove Limited (DCOVE) – Considers Dividend

Dolphin Cove Limited (DCOVE) has advised that at the Company’s Board meeting scheduled for Monday, February 24, 2020, consideration will be given to the payment of an interim dividend. The post Dolphin Cove Limited (DCOVE) – Considers Dividend appeared first on Jamaica Stock Exchange.

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Sat, 08 Feb 2020 12:00:51 +0000 RenaissanceRe Increases Quarterly Dividend

The Board of Directors of RenaissanceRe Holdings voted to increase the Company’s quarterly dividend to $0.35 per common share, from $0.34 per common share. The Company has increased its dividend during each of the twenty-five years since its initial public offering. The dividend is payable on March 31, 2020, to shareholders of record on March 13, […](Click to read the full article)

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Sat, 08 Feb 2020 11:00:11 +0000 Enstar Quarterly Preference Share Dividends

Enstar Group Limited announced that it will pay cash dividends on its Series D and Series E preference shares. Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share [each of which represents a 1/1,000th interest in a Series D Preference Share] will be payable on March 2, […](Click to read the full article)

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Fri, 07 Feb 2020 14:26:33 +0000 Sygnus Credit Investments (SCI) Considers Dividend

Sygnus Credit Investments (SCI) has advised that their Board of Directors will hold a meeting on Thursday, February 13, 2020, at which time they will consider, and if thought fit, recommend the payment of an interim dividend to shareholders. The post Sygnus Credit Investments (SCI) Considers Dividend appeared first on Jamaica Stock Exchange.

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Thu, 06 Feb 2020 04:57:00 +0000 The future is energy

On Monday, the Prime Minister delivered the keynote address at the TT Energy Chamber's Energy Conference 2020. On his agenda were updates on upstream activity in TT, including the announcement of a new deepwater bid round later this year; potential for the local industry and new sources of production set to come on stream within the next five years; and decisions on development for cross-border fields like Loran-Manatee in light of Dragon being put on hold – affected by US economic sanctions against Venezuela. The following is an extract of Dr Rowley's speech, edited for length and clarity. The theme of this Conference – Shaping the Caribbean’s Energy Future – is very topical and timely as we are currently witnessing a change in the energy dynamics of the Caribbean. However, the Caribbean, until the current successes, has been characterised as an energy deficient region due to its perceived lack of hydrocarbon resources and its inability to exploit its huge renewable energy potential. Prior to 2015, only three countries, Trinidad and Tobago (TT), Barbados and Cuba were known to have reserves of oil and gas, with TT being an exporter of oil and gas. This led to a dependence by Caribbean countries on oil imports to meet their energy needs and a vulnerability

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Tue, 04 Feb 2020 06:44:51 +0000 Bravo happy to return

TT RED Force captain Darren Bravo is happy to be back in the West Indies team, for a tour of Sri Lanka which starts on Feb 22. The 30-year-old left-handed batsman was left out of the WI squads for the recent limited-overs (One Day International and T20 International) series away to Afghanistan and India – both in India – and home against Ireland. At the time, Cricket West Indies (CWI) lead selector Roger Harper said, “We recognised Darren has not been at his best as we have seen over the years. Therefore, we wanted to give him the opportunity to go away, get his game right and come back to being the best he can be, so that he can make a real positive impact for our West Indies team and be the force we know he can be in world cricket.” In the Regional Super50 Cup, Bravo had the leading average (96.20) and was second-highest run-getter with 481, trailing another left-hander Kieran Powell of the Leeward Islands Hurricanes (524). And, in the Regional Four Day Tournament, Bravo, in his first season as Red Force skipper, has tallied 202 runs at an average of 50.5, with one century and a half-century. Asked how it feels to be back on the WI squad, Bravo said on Monday, “It’s a good feeling, after not being selected (since

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Mon, 03 Feb 2020 05:47:52 +0000 Investing in a better society

IN LAST week’s column, I wrote that what we invest in profoundly influences the kind of society we live in. Widespread violence, inequality, corruption, trenchant discourtesy on the roads, deplorable customer service – you name it, we bought it. This we’ve done either by omission or pouring time and money into short-term gains with long-term pains. We stare in horror at ghostly figures on CCTV footage robbing and clobbering business owners. We recoil in disgust when people cut us off in traffic and cuss us stink. When CoP Gary Griffith called a government-contracted domestic violence hotline to investigate a service-related complaint, he was put in his place by the co-ordinator who explained that “he needed to understand how it works.” We shake our heads and ask how we’ve come to this. Who made these bloodthirsty, inhuman creatures? Why, we did, of course! I will never forget one day back in secondary school a classmate was giving our English teacher a dusty time with some backchat and ribald ribbing. She eviscerated him with this line: “You weren’t brought up, you were dragged up!” So many in our society have been dragged up. They become golems of a nation of cheapened values, celebrated consumerism and a culture of vulgarity.

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Fri, 31 Jan 2020 20:15:02 +0000 NCB Financial Group Limited (NCBFG) Declares Dividend

NCB Financial Group Limited (NCBFG) has advised that its Board of Directors at their meeting held today, January 30, 2020, declared an interim dividend of $1.00 per ordinary stock unit. The dividend is payable on March 2, 2020 to stockholders on record as at February 14, 2020. The ex-dividend date is February 13, 2020. The post NCB Financial Group Limited (NCBFG) Declares Dividend appeared first on Jamaica Stock Exchange.

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Fri, 31 Jan 2020 07:40:30 +0000 NCB profit in a stunning 42% rise

NCB Financial Group blasted off its 2020 results with a stunning 42 percent increase in profit attributable to shareholders of the group. Shareholders were only rewarded, with a mere 11 percent increase in the quarterly dividend to $1. Operating income for the group’s shareholders surged 42 percent from $4.15 billion to $5.9 billion in the […]

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Thu, 30 Jan 2020 22:25:07 +0000 Access Financial Services Limited (AFS) – Dividend Declaration

Access Financial Services Limited (AFS) has advised that the Board of Directors of AFS approved a dividend payment to its ordinary shareholders at a Board Meeting held on January 29, 2020.The dividend payment is $0.10 per share with the record date being February 14, 2020 and payment date being February 28, 2020. The ex-dividend date […] The post Access Financial Services Limited (AFS) – Dividend Declaration appeared first on Jamaica Stock Exchange.

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Thu, 30 Jan 2020 22:14:07 +0000 Wisynco Group Limited (WISYNCO) – Dividend Declaration

Wisynco Group Limited (WISYNCO) has advised that at a meeting of the Board of Directors held on January 30, 2020, a resolution was passed approving an interim dividend payment of JMD $0.09 per share payable to shareholders on record as at Friday, February 14, 2020. The ex-dividend date is Thursday, February 13, 2020 and the […] The post Wisynco Group Limited (WISYNCO) – Dividend Declaration appeared first on Jamaica Stock Exchange.

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Thu, 30 Jan 2020 22:11:38 +0000 Productive Business Solutions Limited (PBS) – Dividend Declaration

Productive Business Solutions Limited (PBS) has advised that a dividend was declared in the sum of $127,497,944.98, an amount of $0.0494 per unit, payable to preference shareholders on record as at December 31, 2019. The payment date is February 7, 2020 and the ex-dividend date is December 30, 2019. The post Productive Business Solutions Limited (PBS) – Dividend Declaration appeared first on Jamaica Stock Exchange.

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Thu, 30 Jan 2020 14:27:51 +0000 Eppley Limited (EPLY) – Dividend Consideration

Eppley Limited (EPLY) has advised that the Board of Directors of EPLY will meet on Thursday, February 13, 2020, to consider the payment of an interim dividend to stockholders. The post Eppley Limited (EPLY) – Dividend Consideration appeared first on Jamaica Stock Exchange.

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Tue, 28 Jan 2020 12:15:18 +0000 US$2.5B bond offer means cheaper dollar: Central Banker

Santo Domingo.- Last week’s US$2.5 billion bond offer announced by the Finance Ministry would push the dollar exchange rate down, said Central banker Héctor Valdez Albizu affirmed Mon.. It means that the demand for dollars is going to fall because that money was not foreseen in commercial export activities, for which Valdez says it’s expected to significantly influence the exchange rate. The official affirmed that every year, during January and the first days of February there is a “slight movement of the exchange rate because international companies tend to repatriate their dividends and national commercial companies request dollars to pay the credits they took during the end of the year to meet the demand in December in the retail sector.

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Sat, 25 Jan 2020 05:14:52 +0000 Prestige fetes raise $5m for Presentation College

Investing in what has become the premier all-inclusive fete in south Trinidad has paid big dividends for Prestige Promotions, the fund-raising arm of Presentation College, San Fernando, comprising former students. In its ten years of existence, past students have raised approximately $5m for the upgrade of their alma mater. One of the main sponsors, past … Continue reading Prestige fetes raise $5m for Presentation College The post Prestige fetes raise $5m for Presentation College appeared first on Trinidad and Tobago Newsday.

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Sun, 19 Jan 2020 07:15:11 +0000 QPCC one win away from UWI T20 repeat

QUEEN'S Park Cricket Club (QPCC) will be gunning for back-to-back UWI-Unicom Twenty20 titles on Sunday when the defending champs face either Powergen or Merry Boys, at the Sir Frank Worrell Cricket Ground, at UWI SPEC in St Augustine from 6pm. The Parkites strolled into the final following an emphatic 55-run win over Guyana's Malteenoes All-Stars at the same venue, on Friday night, after making 160 for seven in their allotted overs. QPCC got 37 from Tion Webster and 35 from Nicholas Alexis but it was Christopher Vincent who had the Midas touch with man-of-the-match figures of four for 25 as Malteenoes crumbled for 105 in 17.1. Malteenoes elected to field first and it seemed to pay dividends when opener Sunil Narine fell for yet another duck, bowled by Quintin Sampson. However, Webster was joined by captain Justin Guillen and they took the score from five to 64 with some exhilarating strokeplay, reaffirming why QPCC are considered one of the region's paramount institutions for cricket. Guillen made 25 off 19, taking a liking to Anthony Adams with a couple cuts for four. He grabbed three fours and a lofty six over cover before Adams got revenge with Kevon Savory doing the stumping. Webster didn't last much longer as he fell five runs later

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