Desnoes & Geddes (D&G) will be paying the second interim dividend relating to this fiscal year which ends in June of $0.10 per share payable on June 25, 2013 to shareholders on record as at June 7, 2013. The ex-dividend date is June 5, 2013.
D&G just reported a rise in profits to 37 cents per shares for the 9 months to March after taking a hit for staff separation of $152 million in the March quarter. The proposed payment brings the total dividend for the year to 30 cents. Demand for the shares has increased since the announcement was made of a likely second dividend and the release of the quarterly results. The stocks traded as high as $5 from around $4.15 that it has been trading at for months.
Both Scotia Group and Scotia Investments are expected to announce dividends on the 24th of May. Based on past practices, the former should be paying 40 cents per share and the latter 45 cents per share. The payments will most likely take place at the early part of June.
[…] 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 […]