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National Commercial Bank declared an interim dividend of 35 cents per ordinary stock unit payable on August 25, 2014 for stockholders on record as at August 12, 2014.
The bank reported profits profit of $8.8 billion, an increase of 29 percent over 2013 for the nine months to June.
Proven Investments will consider making dividend payments to both its ordinary and preference shareholders at a meeting to be held on August 11, 2014.
NCB to pay 35 cents per share
July 24, 2014 by
Carreras to consider another dividend payment
July 23, 2014 by
Carreras advised the stock exchange that a dividend payment will be considered at a meeting to be held on July 30, 2014 by the board. This should be the regular quarterly dividend which is usually paid in August.
Carreras last declared a special capital cash distribution of $1.34 per stock unit to be paid on July 31, 2014 to stockholders on July 18, 2014 with the Ex-dividend date July 16, 2014. The funds are out of proceeds received from the liquidation of a subsidiary, pending the granting of a transfer tax exemption pursuant to the Transfer Tax Act the company said in a release to the Jamaica Stock Exchange. The special capital cash distribution will brings the total payments the company made to shareholders since August last year to $8.89.
A special capital cash distribution of $1.18 was paid in January this year, the company also paid an interim dividend of $1.75 per stock unit on June 26, $1.62 per share. On March 13 they paid a dollar per share as well as in August and November last year.
NCB & Paramount plan dividend payments
July 17, 2014 by
Times may be tough for many Jamaicans but the majority of listed companies continue to distribute dividends to their shareholders.
The latest announcement of plans for dividends are from National Commercial Bank (NCB) and Paramount Trading.
NCB advises that the Board of Directors will consider the payment of an interim dividend to stockholders at a meeting to be held on Thursday, July 24, 2014. National Commercial Bank approved an increase dividend payment of 35 cents per share paid on May 22 and a dividend of 32 cents per ordinary stock was paid on February 20 this year.
Paramount advised that Board Meeting to be held at 8 Bell Road East on Thursday, July 24, 2014 receive the audited financials and consider a dividend. Paramount paid an interim dividend of 13.5 cents per share payable on December 10, 2013.
Carreras declared $1.34 capital dividend
July 4, 2014 by
Carreras declared a special capital cash distribution of $1.34 per stock unit to be paid on July 31, 2014 to stockholders on July 18, 2014. Ex-dividend date July 16, 2014. The funds out of which the payment is being made come from proceeds received from the liquidation of a subsidiary, pending the granting of a transfer tax exemption pursuant to the Transfer Tax Act the company said in a release to the Jamaica Stock Exchange. The special capital cash distribution will brings the total payments the company made to shareholders since August last year to $8.89.
A special capital cash distribution of $1.18 was paid in January this year, the company also paid an interim dividend of $1.75 per stock unit on June 26, $1.62 per share. On March 13 they paid a dollar per share as well as in August and November last year.
New Transport paid| New Transport paid $6.90 per share capital dividend on the June 30 to its shareholders. New transport was the company formed after Lascelles’ shares were sold to Campari in 2012. The company was formed to hold the assets that were not sold at the time with previous Lascelles’ shareholders getting shares in the company in proportion to what they held before. The company also received some distributions from Campari based on the agreement that was struck. It’s unclear if this latest payment comes from sale of the assets taken over by the company or from Lascelles.
Dividend stable at Blue Power
June 24, 2014 by
Blue Power Group has declared a dividend of 15 cents per share payable on August 15, the record date is set for July 31, 2014 and the X dividend date July 29, 2014. The company last paid a dividend of 15 cents per share on August 16, last year. A dividend of 10.5 cents per share was paid on September 6, 2012.
The company reported slightly lower profits in 2014 versus last year, with profit falling to $93 million compared to $104 million in 2013. Earnings per stock unit moved down from $1.84 to $1.65.
Dividend at Kingston Wharves
June 19, 2014 by
Kingston Wharves approved the an interim dividend of 10 cents per stock unit payable on July 30, 2014, to shareholders on record at July 16 and the ex dividend date is July 14.
The company paid an interim dividend of 8 cents per share payable on December 20, last year. The company also paid a final dividend of 2 cents per share in respect of the financial year ended December 2012 and an interim dividend of 8 cents per share in respect of the 2013, on March 28 last year.
Scotia to pay dividend in June
June 3, 2014 by
Scotia Group Jamaica will be paying an interim dividend of 40 cents per stock unit and Scotia Investments will make an interim payment of 45 cents per shares to stockholders on record as at the close of business on June 20, 2014 on July 11. The X dividend date is June 18, 2014. The amounts being paid are consistent with payments made over the last twelve months.
Honey Bun will be paying an interim dividend of 5 cents per share on June 26, 2014 to shareholders on record as at June 16, 2014, the X Dividend date is June 12. Honey Bun last paid an interim dividend of nine cents per share on March 27, last year.
Carreras to pay $1.75
May 30, 2014 by
Carreras declared an interim dividend of $1.75 per stock unit to be paid on June 26 to stockholders on June 12, 2014. The X dividend date is June 10. The coming dividend brings the total payment for the 12 months to June this year to $6.55, providing a dividend yield from July last year to 12.4 percent. Since July last 2013, the value of the stock declined by 17 percent over the same period.
The company paid an interim dividend of $1.62 per share on March 13, 2014. Interim dividends of a dollar per share each were paid in August and November last year. A special capital cash distribution of $1.18 was also paid on January 30, this year. In June 20, 2013, an interim dividend of $1.30 per share and a special dividend of 94 cents per share were paid.
Jamaica Money Market Brokers (JMMB) declared a dividend of 17 cents per ordinary share payable to shareholders on record as at June 12 to be paid on June 26, 2014. The X dividend date is June 10. Last year a dividend of 10 per share was paid on March 28 and 16 cents per share was paid on December 18.
Mayberry Investments approved an ordinary dividend payment of 12 cents per share payable on June 18, 2014 to shareholders on record as at June 10, 2014. The X dividend date is June 6. The company paid a dividend of 12 cents per share on December 27, 2013.
Dolphin Cove declared an interim dividend of 15 cents per share, payable on Monday June 30, 2014 to shareholders on record at Thursday June 12, 2014 with the X dividend date being June 10. An interim dividend of $0.15 per share was last paid on April 9, on December 4, last year, 10 cents per share was paid, 10 cents per share on September 16, 10 cents per share on June 6 and 10 in March 28 last year.
Proven Investment will be paying a dividend of US$0.0020 per share to all ordinary shareholders on record on June 10, 2014 with the payment date of June 24, 2014. The X dividend date is June 6th. A dividend payment of $J0.10 was declared for preference shareholders with a record date of June 9 and payment date of June 23, 2014. X dividend date June 5th, 2014.
Honey Bun to consider Honey Bun directors will be meeting on June 2, 2014 to discuss dividend payment.
NCB ups dividend as profit climbs
April 25, 2014 by
National Commercial Bank approved an increase dividend payment of 35 cents per share payable on May 22, 2014 for stockholders on record as at May 9, 2014. Last year for the March quarter as a result of the fall in profit, the bank cut its dividend paid on May 24 last year to 16 cents per share down from 23 cents they paid in March. A dividend of 32 cents per ordinary stock was paid on February 20 this year.
NCB also released the second quarter results to March and as expected the results showed strong improvement over the 2013 quarter with a net profit of $2.99 billion up from the NDX affected $1.74 billion in 2013. The latest quarterly figures exceeds the amount reported in the December quarter when they made $2.86 billion which was boosted by a $300 million gain from acquisition of a subsidiary. Without that one off non-operating income profit would have grown by 17 percent over the December 2013.
Huge progress has been made in recovering from the negative impact that the NDX debt swap had on net interest income last year as $5.89 billion to $6.11 billion. For the six months to March the bank generated net profit $5.85 billion up from $4.53 billion last year resulting in earnings per share of $2.38 for the current year to date. In achieving these results NCB was able to hold expenses with overall expenses falling in the March quarter compared with the December figures and the latest figures just slightly higher than for the similar quarter last year being just $74 million more at $6.97 billion for March 2013 quarter. For the year to March expenses are up $1.73 billion to $14.3 billion.
The bank seems to be on target to clock around $5 per share earnings for the current fiscal year that ends in September.
The bank grew loans from $141.1 billion to just over $150.5 billion and made provision for bad loans of $492 million versus $390 million in December and $494 million in the 2013 March quarter. For the 2014 six months period bad loan provisioning amounted to $882 million a decline from $1.07 billion.
Dividend tracking
March 15, 2014 by
Jamaica Public Service declared quarterly preference share dividends payable on April 1, 2014 to shareholders on record as at March 14, 2014 on the 5% C shares $0.025; the 5% D shares $0.025; 6% E share $0.030; 7% B share $0.035. The ex-dividend date is March 12, 2014.