Dividends at Carreras, Grace & Proven

Carreras 4Carreras will be paying another interim dividend of $1.20 per stock unit out of accumulated profits on December 11, 2014, to stock holders on record at November 20.
The stock will trade Ex-Dividend on November 18, 2014.
Grace Kennedy will pay an interim dividend of $0.85 on December 16, 2014 to stock holders on record at November 28, 2014. The stock will trade Ex-Dividend on November 26, 2014.
Proven Investments has advised that a dividend of US$0.0012 will be paid on December 2, 2014. The record date is November 18, 2014 and the X-dividend date is November 14, 2014 and J$0.10 was declared to Preference Shareholders with record date December 9, 2014 and payable on December 23, 2014. The ex-dividend date for the stock is December 5, 2014.

Dividend by Medical Disposables

Image courtesy of DreamDesigns/FreeDigitalPhotos.net

Image courtesy of DreamDesigns/FreeDigitalPhotos.net

Medical Disposables & Supplies declared their first dividend, since listing in December, last year.
Medical Disposables will be paying an interim dividend of 4 cents per share on November 19, to shareholders on record at November 14, 2014. The stock which is listed on the junior market of the Jamaica Stock Exchange, will start trading ex-dividend, on November 12, 2014.
The company is enjoying good times, with improved results for the September quarter, with profit after tax rising 66 percent for the quarter, versus the 2013 quarter. For the six months, profit after tax rose 60.6 percent, to $38.7 million, from $24 million.

D&G increases dividend

D&GRed-StripeSilos280x150Desnoes & Geddes will be paying an interim dividend of 27 cents per share on December 15, to shareholders on record at November 13.
The stock will trade ex-dividend on November 11. The company paid an interim dividend of 20 cents per share and a special dividend of 5 cents per share on December 20, last year.
They also paid interim dividend of 10 cents per share and a special dividend of 15 cents per share on May 16, 2014.

Dividend likely for Eppley

eppleytype280x150The Board of Eppley Limited will meet on Thursday, November 13, to consider the payment of an interim dividend.
For the current year, Eppley paid an ordinary dividend of $9 per share on September 2. An ordinary interim dividend of $9 per share was paid on May 29 and $9 per share was also paid on February 28, this year.
Profit before tax, was up 67 percent for the six months to June this year, but only 21.5 percent in the June quarter, and after tax it was up 112 percent for the quarter, and 119 percent year to date, for a net profit of $29.6 million. There is no tax payable of the profit for the current year, as the company enjoys tax free status for 5 years, under the junior market listing incentive.

Proven to consider a dividend

proven_logo150x150The Board of Directors of Proven Investments will to consider dividend payments to both its ordinary and preference shareholders at a meeting on November 4.
A dividend of US$0.0022 per ordinary share was paid on December 3, last year. For 2014, the investment company, paid dividends of US$0.0020 per share to ordinary shareholders on June 24 and US$0.0015 per ordinary share, on March 13, this year.
The net profit for the quarter to June 2014, excluding a loss on extra ordinary activities and gain on purchase of subsidiary amounted to US$1.18 million, an increase of 14.3 percent, compared to the same period last year.

JMMB to consider a dividend

jmmb150x150The Board of Directors of Jamaica Money Market Brokers will meet on November 7, to consider an interim dividend payment on the company`s ordinary shares.
The company paid a dividend of 17 cents per ordinary share on June 26, this year. A payment of 16 cents per share was made on December 18, last year.
JMMB Group posted net profit of $558 million and earnings per share of 34 cents for the quarter to June this year, 26 percent lower than the $754 million earned in 2013. The decline in the June quarter, contrast with a 5 percent increase in profit for the March 2014 quarter over the 2013 period.

D&G to up December’s dividend?

D&GRedStrip_Banner600x250The payment of a dividend based on the financial year ended June, 2014, will be considered by Desnoes and Geddes at a meeting scheduled for Wednesday, October 29.
The company paid an interim dividend of 20 cents per share and a special dividend of 5 cents per share on December 20, last year.
They also paid interim dividend of 10 cents per share and a special dividend of 15 cents per share on May 16, this year. Profit after tax, for the 2014 fiscal year was $3.15 billion, but excluding the gain from the shares the company had in two breweries in the eastern Caribbean, it would have been $2.2 billion or an increase of 80 percent, instead of the 160 percent increase the net result shows. This means that shareholders can look forward to a healthy increase in the dividend to be declared.

Sagicor Group dividend back to 2012 level but

Sagicor150x150Shareholders of Sagicor Group will be paid an interim dividend of 28 cents per share on November 7, to shareholders on record as at October 27. The payment while greater than the final one made in 2013 is only back to the last payment that was made in 2012. The stock will trade ex-dividend on October 23, 2014.
The latest dividend, will bring the total dividend payment in 2014, to 63 cents per share, with the interim dividend of 35 cents per share, paid on March 31, this year.
The company paid a dividend of 21 cents per share on October 31, 2013, for a total dividend payment in 2013, of 40 cents per share with the 19 cents per share paid on March 28, 2013. In 2012 the company paid two dividends of 28 cents each.

Seprod & Lasco Distributors hike dividend

Seprodl280x150Seprod will pay a dividend of 35 cents per share on November 14, to shareholders on record as at October 31. The stock will trade ex-dividend as of October 29.
Seprod paid a dividend of 55 cents per share on July 4, this year. Last year a dividend of 30 cents per share was paid on November 15 and 53 cents per share on July 8 Lasco Distributors declared an interim dividend of 3 cents per share payable on December 9, 2014 to shareholders on record as at November 25, 2014. The stock will trade ex-dividend on November 21, 2014. An interim dividend of 2.3 cents per share was paid on December 10, 2013.
Medical Disposables & Supplies declared an interim dividend of 4 cents per share payable on November 19, to shareholders on record as at November 14. The stock will trade ex-dividend on November 12, 2014. This is the first dividend the company is paying since listing in December last year.

More insider buying of D&G shares

RED STRIPE  factWithin less than a month of the release of Desnoes and Geddes full year results, to June, the company is reporting another purchase of shares by a director. The latest, is 3rd such inside purchase to have taken place, since the June results were released.
The latest acquisition is 507,650 shares on September 23. This comes on the heels of Desnoes and Geddes reporting strong full year results, with the promise of higher earnings, in the new fiscal year. The company previously reported the purchase 250,000 shares by a Director, on August 29, 2014 and 100,000 units, on September 1.