Trading rises on JSE USD Market


The Jamaica Stock Exchange US dollar market closed on Thursday, with a 19 percent rise in the volume of stocks traded, at a 191 percent greater value than on Wednesday, resulting in an exchange of seven securities, compared with nine on Wednesday, with prices of two declining and five ending unchanged.

The market closed with an exchange of 59,756 shares for US$12,538, moving up from 50,243 stocks at US$4,303 on Wednesday.
Trading averaged 8,537 shares at US$1,791 compared to 5,583 stocks at US$478 on Wednesday, with a month to date average of 109,483 units at US$5,635, down slightly from 116,693 stocks at US$5,910 on the previous day and in August with an average of 261,739 units for US$8,269
The US Denominated Equities Index dipped 1.87 points to close at 203.69. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 9.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with a financial year ending around August 2026.
At the close of trading, First Rock Real Estate USD share remained at 2.48 US cents with investors dealing in 3 shares, Productive Business Solutions ended at US$1 with 477 stocks crossing the market, Proven Investments remained at 10 US cents with investors trading 5,154 units. Sygnus Credit Investments lost 0.35 of a cent and ended at 7.25 US cents, with traders switching ownership of 250 shares and Transjamaican Highway shed 0.01 of one cent in closing at 2.58 US cents with investors trading 49,382 stock units.

In the preference segment, JMMB Group 7.5% ended at US$2.10 in an exchange of 4,381 shares and Sygnus Credit Investments 8% ended at US$9.50 with traders dealing in 109 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Losers beat winners on JSE Main Market


Winners were beaten by losers on the Jamaica Stock Exchange Main Market on Wednesday, following a 26 percent decline in the volume of stocks traded and a 13 percent lower value than on Tuesday, with trading in 55 securities down from 57 on Tuesday, with prices of 14 rising, 22 declining and 19 ending unchanged. 

The market closed with 9,312,326 shares trading for $125,617,829, down from 12,546,553 stock units worth $144,334,520 on Tuesday. Trading averaged 169,315 shares at $2,283,961, down from 220,115 stocks at $2,532,185 on Tuesday and month to date, an average of 265,941 stock units at $1,750,761 compared to 273,598 shares at $1,708,504 on the previous day and August with an average of 286,418 shares worth $123,954. Transjamaican Highway led trading with 3.84 million shares for 41.3 percent of total volume, followed by Supreme Ventures, with 1.49 million stocks for 15.9 percent of the day’s trade and Pan Jamaica with 1.0 million stock units for 10.8 percent of the day’s volume. The All Jamaican Composite Index rallied 1,469.38 points to finish at 369,140.69, the JSE Main Index climbed 1,986.83 points to 319,335.50 and the JSE Financial Index popped just 0.11 points to close at 66.77. At the close, the Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and five with lower offers.  The Main Market ended trading with an average PE Ratio of 13.9. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026. At the close of trading, Berger Paints rallied 30 cents to close at $6.70 with an exchange of 210 shares, Caribbean Cement sank $2 to $89 with 5,392 stocks crossing the market, GraceKennedy lost $1.50 and ended at $71 in exchanging 19,401 shares. Jamaica Broilers skidded 51 cents to end at $25.50 with 13,872 stock units crossing the market, Jamaica Producers rose 30 cents in closing at $22.70 with investors transferring 15,606 units, Jamaica Stock Exchange climbed 62 cents to finish at $12.40 with 1,414 shares crossing the exchange. JMMB Group increased 69 cents to $19.70 with traders dealing in 38,723 units, Lasco Manufacturing popped 78 cents to close at $6.98 after investors exchanged 198,955 stocks, NCB Financial fell 60 cents and ended at $46.40 in the trading of 215,447 stock units. Proven Investments dropped 90 cents in closing at $15.10 after an exchange of 77,561 shares, Sagicor Group sank $1.80 to end at $40.05 with investors swapping 3,987 stock units,  Scotia Group gained $1.01 to finish at $55 with traders switching ownership of 133,348 units. Seprod advanced $3.39 to $82.39 as investors exchanged 1,604 stocks, Supreme Ventures slipped $1.40 to finish at $18 with 1,485,072 shares being traded, Sygnus Credit Investments shed 72 cents to end at $12.56 with brokers exchanging 5,063 stocks and Sygnus Real Estate Finance declined 35 cents to end at $7 with investors dealing in 58,894 units. In the preference segment, 138 Student Living dipped $1 in closing at $254 with 25 stock units changing hands and Sygnus Credit Investments C10.5% lost $3.29 to close at $100 with investors trading 1,001 shares.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market drops 11%


The Junior Market of the Jamaica Stock Exchange declined for a seventh consecutive days on Wednesday, helping to push the market value down by 11 percent for the year to date, following a 38 percent decline in the volume of stocks traded, with a 43 percent lower value than Tuesday, following trading in 40 securities compared with 42 on Tuesday and ending with prices of 12 rising, 17 declining and 11 closing unchanged.

The market closed with trading of 5,904,123 shares for $9,663,327, after sliding from 9,546,731 units worth $16,885,064 on Tuesday.
Trading averaged 147,603 shares at $241,583, down from 227,303 stocks at $402,025 on Tuesday. Trading for the month to date ended with an average of 90,315 units at $164,095, falling from 85,751 stock units at $157,920 on the previous day and August, which ended with an average of 236,241 shares at $494,923.
Kintyre Holdings led trading with 1.07 million shares for 18.1 percent of total volume, followed by RA Williams, with 854,898 stock units for 14.5 percent of the day’s trade and One Great Studio with 665,229 stocks for 11.3 percent of the volume traded.
At the close of trading, the Junior Market Index dropped 9.17 points to close at 3,323.16. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, Access Financial skidded 24 cents and ended at $17.50 with traders dealing in a mere 20 shares, Atlantic Hardware sank 8 cents to 91 cents with an exchange of 16,373 stocks, Cargo Handlers rose $1.18 to end at $13.35 following the trading of a mere 35 shares. Caribbean Assurance shed 29 cents in closing at $1.81 with a mere 7 units changing hands, Caribbean Cream fell 12 cents to finish at $2 as investors exchanged 1,657 stocks, Consolidated Bakeries fell 6 cents to close at $1.55 with traders passing 16,500 shares through the market. Dolphin Cove dropped 21 cents to $14.08 with investors trading 17,591 stocks, Fontana lost 8 cents to close at $8.92 with an exchange of 33,066 units, Future Energy slipped 15 cents to end at $2.90 after trading of 213,611 stock units. GWest Corporation popped 6 cents in closing at 78 cents with a transfer of 150 shares, Honey Bun gained 48 cents to finish at $7.78 with 3,637 stock units crossing the exchange, Image Plus rose 6 cents and ended at 96 cents with investors trading 65,021 units. Jamaican Teas rallied 9 cents to $2.26 in an exchange of 8,325 stocks, Jetcon Corporation sank 18 cents in closing at $1.70 with investors dealing in 3,986 shares, Limners and Bards dipped 9 cents to finish at 90 cents with 385,999 stocks crossing the market. Regency Petroleum increased by 6 cents and ended at $4.36, with investors swapping 533,755 units and Spur Tree Spices advanced 9 cents to end at $1.12 with 141,926 stock units clearing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on Jamaica Stock Exchange


The volume and value of stocks traded on the Jamaica Stock Exchange dropped on Wednesday from Tuesday, resulting in major indices of the Main Market rising, the Junior Market index and the JSE USD Market index falling. At the end of trading, the prices of 28 shares rose, 42 declined and 34 remained firm.

At the close of the market, the JSE Combined Market Index rose 1,836.20 points to finish at 329,177.26, the All Jamaican Composite Index rose 1,469.38 points to settle at 369,140.69, the JSE Main Index rallied 1,986.83 points to 319,335.50, while the Junior Market Index slipped 9.17 points to settle at 3,323.16 and the JSE USD Market Index shed 2.48 points to conclude trading at 205.56.
At the close, 15,266,692 shares were exchanged in all three markets, down from 22,447,967 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $135.28 million, down from $161.22 million on the previous day and the JSE USD market closed with an exchange of 50,243 shares for US$4,303 compared to 354,683 units at US$28,017 on Tuesday.
In Main Market activity, Transjamaican Highway led with 3.84 million shares, followed by Supreme Ventures with 1.49 million stocks and Pan Jamaica with 1.0 million units.
In Junior Market trading, Kintyre Holdings led with 1.07 million shares, followed by RA Williams with 854,898 stocks and One Great Studio with 665,229 units.
In the preference segment, Sygnus Credit Investments C10.5% shed $3.29 to end at $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.3 based on 2025-26 earnings and 16 incorporating the 2024 historical earnings.
The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with updated information to help with decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart is a tool to assists in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Rising stocks lead Jamaica Stock Exchange 


Trading closed on Tuesday on the Jamaica Stock Exchange with a big bounce in the volume of stocks exchanged, with a higher value than on Monday. Trading resulted in the major indices of the Main Market and the Junior Market index falling and the JSE USD Market rising. At the end of trading, prices of 49 stocks rose, 35 declined and 23 remained firm.

At the close of the market, the JSE Combined Market Index fell 1,253.03 points to wrap up trading at 327,341.06, the All Jamaican Composite Index sank 660.75 points to end at 367,671.31, the JSE Main Index declined 1,153.08 points to finish at 317,348.67, the Junior Market Index slipped 21.08 points to settle at 3,332.33 and the JSE USD Market Index rallied 2.61 points to 208.04.
At the end of trading on Tuesday, 22,447,967 shares were exchanged in all three markets, up from 14,136,447 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $161.22 million, up from $157.71 million on the previous day. The JSE USD market closed with an exchange of 354,683 shares for US$28,017, compared to 61,580 units at US$21,533 on Monday.
In Main Market activity, Transjamaican Highway led with 4.02 million shares, followed by Supreme Ventures with 3.02 million stocks and 138 Student Living with 1.80 million units.
In Junior Market trading, Jamaican Teas led with 5.02 million shares, followed by RA Williams with 1.40 million stock units and Fosrich with 944,152 units.
In the preference segment, 138 Student Living preference share popped $5 in closing at $255.
The market’s PE ratio, a frequently used measure to value stocks, ended at 13.2 based on 2025-26 earnings and 15.8 based on the 2024 earnings. The ICInsider.com PE ratio chart and the more detailed daily charts provide regularly updated information to help with decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used to help make rational decisions when investing in stocks that are close to the sector average and not deviating too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while also staying within the realm of the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Trading jumps on the JSE USD Market


The Jamaica Stock Exchange US dollar market closed on Tuesday, with a 476 percent increase in the volume of stocks traded, with a 30 percent rise in value compared to Monday, resulting in an exchange of eight securities, compared with eight on Monday, with prices of six rising, none declining and two ending unchanged.

The market closed with an exchange of 354,683 shares for US$28,017, rising from 61,580 stocks at US$21,533 on Monday.
Trading averaged 44,335 shares valued the at US$3,502, well above 7,698 stocks at US$2,692 on Monday, with a month to date average of 127,929 units at US$6,459 compared with 136,185 stocks at US$6,751 on the previous day and August that ended with an average of 261,739 units for US$8,269.
The US Denominated Equities Index increased 2.61 points to close trading at 208.04. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most regularly used measures to determine appropriate stock values, averages 10.3. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2026.
At the close of the trading, Margaritaville gained 0.1 of a cent to end at 8.1 US cents after closing with 355 shares being traded, MPC Caribbean Clean Energy popped 5.84 cents to 44.84 US cents with investors swapping a mere 6 units, Proven Investments remained at 10 US cents after traders exchanged 59,836 shares. Sygnus Credit Investments rose 0.6 of a cent to close at 7.8 US cents, with 840 stocks trading and Transjamaican Highway rose 0.12 of one cent to finish at 2.59 US cents after a transfer of 291,066 stock units.
In the preference segment, JMMB Group 7.5% ended at US$2.10 in trading 1,478 shares. Productive Business Solutions 9.25% rallied 80 cents to US$10.50 with 12 stock units crossing the market and Sygnus Credit Investments 8% increased 39.99 cents to finish at US$10.40, with trading of 1,090 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading soars on Junior Market


Trading activity soared on the Junior Market of the Jamaica Stock Exchange on Tuesday, with a jump of 143 percent in the volume of stocks traded, valued 185 percent more than Monday, following trading in 42 securities compared with 45 on Monday and ending with prices of 16 rising, 15 declining and 11 closing unchanged.

The market closed with trading of 9,546,731 shares for $16,885,064, rising from just 3,928,839 stock units at $5,922,166 on Monday.
Trading ended following an average of 227,303 shares at $402,025, well above the 87,308 units at $131,604 on Monday. Trading ended with an average of 85,751 units at $157,920, for the month to date, above the 72,826 stock units at $135,632 on the previous day and August with an average of 236,241 shares at $494,923.
Jamaican Teas led trading with 5.02 million shares for 52.6 percent of total volume, followed by RA Williams, with 1.40 million stock units for 14.6 percent of the day’s trade and Fosrich with 944,152 stocks for 9.9 percent of the volume traded.
At the close of trading, the Junior Market Index dropped 21.08 points to settle at 3,332.33. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
At the close of the market, AMG Packaging gained 8 cents in closing at $2.30 after an exchange of 31,838 shares, Atlantic Hardware rallied 8 cents to 99 cents with 159,181 stock units changing hands, Caribbean Cream increased 9 cents to end at $2.12 after an exchange of a mere 5 shares. Caribbean Flavours popped 9 cents to close at $1.59 in trading 2,840 stocks, Dolla Financial advanced 8 cents to finish at $2.44 with 4,684 units crossing the market, Dolphin Cove climbed 20 cents and ended at $14.29 with investors trading 13,213 shares. Fontana gained 13 cents to close at $9 in an exchange of 24,233 units, Indies Pharma sank 10 cents to close at $2.95 with 271,114 stocks changing hands, Iron Rock Insurance skidded 41 cents after closing at $3.50 with 22,285 stock units crossing the exchange. ISP Finance rose 30 cents to finish at $11.30 as traders transferred 2,826 shares, Jamaican Teas sank 9 cents and ended at $2.17 with 5,020,424 stocks passing through the market, Jetcon Corporation rallied 20 cents to $1.88 in switching ownership of 25,368 units. Knutsford Express dropped $1.58 to $12 as investors exchanged 9,905 stock units, Medical Disposables popped 8 cents to $1.50, with 584 shares passing through the market, Paramount Trading gained 19 cents to close at 87 cents with investors swapping 1,310 stocks. RA Williams lost 6 cents and ended at 36 cents with an exchange of 1,395,086 units and Regency Petroleum slipped 7 cents to end at $4.30 with 62,378 stock units crossing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Decline for JSE Main Market stocks


Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with a 24 percent rise in the volume of stocks traded, at a moderately lower value than on Monday, following trading in 57 securities compared with 62 on Monday, with prices of 27 rising, 20 declining and 10 ending unchanged.

The market closed with 12,546,553 shares trading for $144,334,520, compared with 10,146,028 stock units at $151,789,451 on Monday.
Trading averaged 220,115 shares at $2,532,185, up from 163,646 stocks at $2,448,217 on Monday and month to date, an average of 273,598 shares worth $1,708,504 compared with 278,384 shares at $1,634,799 on the previous day and August with an average of 286,418 stock units at $1,923,954.
Transjamaican Highway led trading with 4.02 million shares for 32 percent of total volume, followed by Supreme Ventures, with 3.02 million stock units for 24 percent of the day’s trade and 138 Student Living with 1.80 million units for 14.4 percent of the market’s trade.
The All Jamaican Composite Index dipped 660.75 points to 367,671.31, the JSE Main Index fell 1,153.08 points to wrap up trading at 317,348.67 and the JSE Financial Index dipped 0.06 points to close at 66.66. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market trading ended with an average P/E ratio of 13.6. The JSE Main and the USD Market P/E ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2026.
At the close of the market, AS Bryden gained $3.89 to finish at $29.70 with trading of 2,656 shares, Carreras popped 30 cents to end at $17.50 in an exchange of 128,914 stocks, Eppley Caribbean Property Fund fell $2.50 to $38.50 with investors swapping 66,442 units. GraceKennedy advanced $2 to close at $72.50 with an exchange of 27,805 shares, Guardian Holdings skidded $13 and ended at $315 with 3,681 stock units passing through the market, Jamaica Broilers sank 96 cents to finish at $26.01 after investors exchanged 3,455 shares. Jamaica Stock Exchange dipped 64 cents to $11.78 after closing with an exchange of 25,240 stock units, Kingston Wharves rose $1.03 to $29.94 after an exchange of 2,608 stocks, 138 Student Living sank 47 cents to close at $4 after trading of 1,804,755 shares. Proven Investments dropped 99 cents and ended at $16 after traders exchanged 88,271 stocks, Sagicor Group climbed $1.30 to end at $41.85 with 35,963 units clearing the market, Salada Foods increased 40 cents to finish at $3 in switching ownership of 20,243 shares. Scotia Group lost $1.01 and ended at $53.99 as 342,705 stock units changed hands, Seprod rallied $1.93 to $79 after a transfer of 8,449 shares and Sygnus Credit Investments popped $1.11 to finish at $13.28 with 8,091 stocks crossing the market.
In the preference segment, 138 Student Living rallied $5 to end at $255 with a transfer of 68 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

NCB makes a solid recovery


NCB Financial continues to make a B recovery, on the Jamaica Stock Exchange, with the stock gaining $3 after closing at $47 on Monday, and is now up Bly by 71 percent from the recent low of $27.50 on August 4, helping drive the major indices of the Main Market higher, while the Junior Market index declined and the JSE USD Market popped higher. At the end of trading, the prices of 26 shares rose, 63 declined and 26 remained firm.

At the close of the market, the JSE Combined Market Index popped 418.63 points higher to 328,594.09, the All Jamaican Composite Index rallied 743.81 points to end at 368,332.06, the JSE Main Index gained 541.83 points to settle at 318,501.75, the Junior Market Index lost 14.07 points to 3,353.41 and the JSE USD Market Index gained 0.58 points to 205.43.
Trading closed on Monday with a decline in the volume of stocks exchanged, with a lower value than on Friday, with 14,136,447 shares trading in all three markets, down from 34,173,098 units on Friday, resulting in the value of stocks traded on the Junior and Main markets amounted to $157.71 million, down from $200.62 million on the previous day. The JSE USD market closed with an exchange of 61,580 shares for US$21,533 compared to 102,680 units at US$6,965 on Friday.
In Main Market activity, Transjamaican Highway led trading with 3.36 million shares, followed by Wisynco Group with 1.94 million stock units and QWI Investments with 1.16 million units.
In Junior Market trading, Kintyre Holdings led with 681,240 shares, followed by Spur Tree Spices with 521,773 stock units and GWest Corporation with 470,430 units.
In the preference segment, Jamaica Public Service 9.5% sank $299 to $2,300, Productive Business Solutions 10.5% slipped $137.90 to end at $1,002 and Sygnus Credit Investments 10% lost $4.90 in closing at $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.2 based on 2025-26 earnings and 15.9 based on 2024-25 historical earnings.
The ICInsider.com PE ratio chart and the other detailed daily charts provide regularly updated information to help with decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used to make rational decisions when investing in stocks that are close to the sector average, not deviating too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while also staying within the realm of the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

TransJamaican dividend yields now 6.4%


TransJamaican Highway board of directors declared an interim dividend payment of 12.92 cents per share payable on October 24, to shareholders on record as at the close of business on October 3, 2025. The ex-dividend date is October 3.

Total dividends for this year amount to 25.5 cents, with a yield of 6.4 percent, including a dividend of 12.58 cents paid in April.
The company’s prospectus in 2020 stated, “based on the projected operating profits, distributable reserves and cashflows, the Company is projecting dividend yield, averaging 5.3 percent to 8.7 percent in 2020-2025 and an average of 24.5 percent to 35.8 percent thereafter on the Offer Price”. The stock was offered to the public at $1.41 and would result in a dividend payment between 34.5 and 50.5 cents per share, starting in 2026, with a yield of 8.6 to 12.6 percent based on the last traded price of $4.
The yield is going to help push the stock price higher into 2026, along with earnings for the current year of around 50 cents per share.