Dolphin Cove another 2017 dividend

Dolphin Cove shareholders are in for another early 2017 dividend, as the company’s directors at a meeting held on April 25, approved an interim dividend of Twenty Cents per share payable on Tuesday, May 30, to shareholders on record on May 10.
The upcoming payment brings the payment for 2017 to 40 cents as the company paid an interim dividend of 20 cents per share on April 4, 2017. Based on the latest proposed payment, the stock will trade ex-dividend on May 8.
The company paid dividends of 20 cents per stock unit in May, August and November last year. The stock last traded at $20.08 on the junior market of the Jamaica Stock Exchange and is up from $15.50 at the start of 2017.

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