Dividends — Page 12

D&G to pay more

November 1, 2013 by IC Insider.com

Desnoes & Geddes (DG) declared a first interim dividend for the year 2013-2014 in the amount of $0.20 per share and a special dividend of $0.05 per share payable on December 20, 2013 to shareholders on record as at November 22, 2013. The ex-dividend date is November 20, 2013.

The company reported profit that are up 8 percent for the first quarter to September.

The company paid a dividend relating to the 2013 fiscal year of 10 cents per share on June 25, 2013. In December last year there was an interim payment 20 cents per share.

Related posts | Profit inches up at D&G | D&G will pay 10¢ dividend

Filed Under: Company News, Dividends Tagged With: D&G, Dividends, JSE Company

Dividends consideration

October 29, 2013 by IC Insider.com

The Board of Directors of Jamaica Money Market Brokers will consider an ordinary dividend payment at a meeting to be held on Monday, November 11, 2013. The last dividend paid was 10 cents per share on March 28, 2013. Last year December, a dividend of 13 cents per ordinary share was paid.

JMMB is an IC Insider Buy Rated Stock.

The Board of Directors of Desnoes & Geddes on Friday, November 1, 2013 will consider the payment of a first interim dividend for the year 2013/14. The company paid dividend relating to the 2013 fiscal year of 10 cents per share on June 25, 2013. In December last year there was an interim payment 20 cents per share.

The Board of Directors of Carreras will consider a dividend declaration at a meeting to be held on November 6, 2013. Carreras paid a dividend of $1 per share in August, down from $1.50 in 2012 flowing form a decline in profit in the June quarter.

Filed Under: Company News, Dividends Tagged With: Dividends, JSE Company

Jamaica Broilers dividend

October 24, 2013 by IC Insider.com

Jamaica Broilers Group declared an unchanged interim dividend of 8 cents per share payable on December 2, 2013 to shareholders on record as at November 5, 2013. The ex-dividend date is November 1.

Last year December, the company paid 8 cents per share as a dividend and they made an interim payment of 6 cents per share on March 28, this year.

Jamaica Broilers Group is an IC Insider’s Buy Rated stock.

Filed Under: Company News, Dividends Tagged With: Dividends, Jamaica Broilers, JSE Company

Dolphin Cove considers dividend

October 16, 2013 by IC Insider.com

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The Board of Directors of Dolphin Cove will consider a dividend payment at a meeting to be held on October 28, 2013.

Dolphin Cove paid an interim dividend of 10 cents per share on September 16, 2013. The company previously paid a dividend of 10 cents per share on June 6, 2013, as well as one in March this year.

Related posts | Dolphin continues to grow | Growth slows for Dolphin

Image courtesy of Bill Longshaw/FreeDigitalPhotos.net

Filed Under: Company News, Dividends Tagged With: Dividends, Dolphin Cove, JSE Company

Grace dividend coming

October 14, 2013 by IC Insider.com

The Board of Directors of Grace Kennedy will consider the payment of an interim dividend to be paid in December 2013 at a meeting scheduled for Thursday, November 7, 2013. Last year the company paid a dividend of 70 cents per share on December 18.

Grace Kennedy earlier this year increased its dividend partially in line with the increase in profits for the period. Accordingly, the company paid an interim dividend of 78 cents per share on September 30 this year.

The previous dividend paid was 70 cents per stock unit on March 27, 2013 and in September 2012, a dividend of 70 cents per share was paid.

Grace Kennedy is an IC Insider Buy Rated Stock

Filed Under: Company News, Dividends Tagged With: Dividends, Grace Kennedy, JSE Company

Sagicor cuts dividends

October 4, 2013 by IC Insider.com

Both Sagicor Life and Sagicor Investments have cut dividends from the amounts paid in 2012.

Sagicor Life | The Board of Directors of Sagicor Life Jamaica Limited declared a dividend of 21 cents per share payable on October 31, 2013 to shareholders on record as at October 16, 2013. The ex-dividend date is October 14, 2013. This latest dividend brings the total for 2013 to 40 cents per share as a dividend of 19 cents per share was paid on March 28, 2013.

In 2012 the company paid two dividends of 28 cents each for a total of 52 cents per share.

The decline in dividend payout comes against the back drop of losses picked up from the government bond exchange (NDX) earlier this year, which resulted in realized capital losses of $1.2 billion and a 16 percent drop in net profit attributable to stockholders for the six months to June of $2.18 billion versus $2.60 billion in 2012.

Sagicor Investments | Sagicor Investments Jamaica declared an interim dividend in the amount of 12 cents per stock unit payable on October 31, 2013 to stockholders on record as at October 17, 2013 with an ex-dividend date of October 15, 2013. The company paid an interim dividend in the amount of 48 cents per stock unit on March 27, 2013.

In 2012 the company paid a dividend of 57 cents per stock unit on October 29, 2012 to stockholders and 74.3 cents per stock unit on April 27, 2012. The 2013 dividend is a 50% decrease from the prior year.

Sagicor Jamaica is an IC Insider Buy Rated Stock

Filed Under: Company News, Dividends Tagged With: Dividends, JSE Company, Sagicor

General Accident dividend

September 26, 2013 by IC Insider.com

General Accident Insurance has declared an interim dividend of 0.08728 cents per share payable on October 14, 2013 to shareholders on record as at October 9, 2013. The stock will trade ex-dividend on October 7, 2013. This means that investors who hold the stock prior to the and up to the start of the ex-dividend date will be entitled to the pay-out.

The company last paid an interim dividend of 4.85 cents per share payable on March 28, 2012 to shareholders on record as at March 15, 2013. This added dividend payment brings the total for the year to 13.578 or a yield of nearly 8 percent based on the current stock price.

In 2012, they made two payments of 4.85 cents each. The 2013 payment represents a 40 percent increase over the 2012 payment and is likely a signal of continuation of improved profits for this year.

General Accident performed well in both the first and second quarters of this year with profit increasing 48 percent to $80 million in the second quarter bringing the six month results to $177.7 million, an increase of 57 percent over the same period in 2012.

Filed Under: Company News, Dividends Tagged With: Dividends, General Accident, JSE Company

Scotia: No change in dividends

August 29, 2013 by IC Insider.com

The two Scotia companies announced dividend payments today with both payments scheduled for October.

Scotia Group Jamaica approved a third interim dividend of 40 cents per stock unit payable on October 9, 2013, to stockholders on record at September 18, 2013.

Scotia Investments approved an interim dividend of 45 cents per stock unit, payable on October 9, 2013, to stockholders on record as at September 18, 2013. The dividends to be paid represent a continuation of their dividend policy and are the same amounts that they have been paying against this year’s profits since the start of this year. Both companies raised the pay out in January this year from 37 cents for Scotia Group and from 40 cents for Scotia Investments.

Dividend announcement from Scotia published 28th August, 2013 | The Board of Directors of Scotia Group Jamaica and Scotia Investments will consider a dividend payment at a meeting to be held on August 29, 2013. It is expected that the two entities will retain the payments they have been making for the year to date of 40 cent per share in the case of Scotia Group and 45 cents in the case of Scotia Investments.

Both companies are expected to release nine months results to the end of July on Thursday, August 29 along with teh announcement of the dividends. Investors will be watching Scotia Group numbers to get an indication as to the timing for investment purposes and possibly the state of the financial market.

For Scotia Investments, the results will determine if investors in Trinidad will continue their strong interest in the stock. A return to reasonable growth in profits could see increased interest as the stocks dividend yield will be very attractive for investors in the Twin Islands.

In the April quarter in spite of a $397 million hit from the debt swap of Government of Jamaica instruments, Scotia Group was able to report 92 cents profit after tax, with the July quarter likely to recover from the negative effect from the debt swap, which resulted in a lower rate on the investment instruments. The baking group could post higher earnings in the latest quarter, but a lot will depend on how much provision have been made for non-performing loans and how much has been made from exchange rate movement of the Jamaican dollar.

Filed Under: Company News, Dividends Tagged With: Dividends, JSE Company, Scotia

Dividends to come

August 23, 2013 by IC Insider.com

Jamaica Public Service Company declared quarterly preference share dividends payable on October 1, 2013 to shareholders on record as at September 13, 2013 with the ex-dividend date is September 11, 2013, as follows:

7% Cumulative Preference Shares “B” – $0.035 per share
5% Cumulative Preference Shares “C” – $0.025 per share
5% Cumulative Preference Shares “D” – $0.025 per share
6% Cumulative Preference Shares “E” – $0.03 per share

Dolphin Cove declared an interim dividend of 10 cents per share payable on September 16, 2013 to shareholders on record as at August 29, 2013. The ex-dividend date is August 27, 2013. The company previously paid a dividend of 10 cents per share on June 6, 2013 to shareholders on record as at May 20, 2013 as well as one in March this year.

Guardian Holdings declared a dividend of TT$0.15 payable on September 5, 2013 to shareholders on record as at August 22, 2013. The ex-dividend date is August 20, 2013.

Proven Investments declared a preference share dividend of $0.10 per share payable on September 23, 2013 to shareholders on record as at September 9, 2013. The ex-dividend date is September 5, 2013.

Proven Investments declared a dividend of US$0.0021 per ordinary share payable on September 10, 2013 to shareholders on record as at August 27, 2013. The ex-dividend date is August 23, 2013.

Filed Under: Company News, Dividends Tagged With: Dividends, Guardian Holdings, Proven

Pan Jam dividend set at 45 cents

August 10, 2013 by IC Insider.com

Pan-Jamaican Investment Trust declared a second interim dividend of $0.45 per share payable on September 20, 2013 to shareholders on record as at August 23. The ex-dividend date is August 21, 2015.

Pan Jamaican made a payment of $1.10 cents in March and forego what would have been a second payment in June. The payment to come is a reduction in the amount that is normally paid per quarter.

Related Post | Pan Jam’s profit dented too