Corporate Round Up: Dividend Declarations and Strategic Moves

• Last Week on the Jamaica Stock Exchange (JSE), there were notable developments, including dividend declarations, PBS’ auditor change and an update on the transfer of NCBFG’s pension business.
• On the dividend front, JMMB Group Limited (JMMBGL) declared an interim dividend of J$0.30 per share. The interim dividend will be payable on October 31, 2025, and the ex-dividend date is October 7^th. Barita Investments Limited (BIL) also approved an interim dividend of J$2.398 per share to be paid on October 31, 2025, with an ex-dividend date of October 17, 2025. Likewise, Seprod Limited (SEP) declared a J$0.605 per share dividend payout slated for November 7^th, with an ex-dividend date of October 17^th.
• Meanwhile, Productive Business Solutions Limited (PBS) announced that on September 24, 2025, the company’s external auditors were changed from PricewaterhouseCoopers to Deloitte & Touche.
• Lastly, on September 30, 2025, NCB Financial Group Limited (NCBFG) advised that, having secured the requisite regulatory approvals, it has completed the transfer of the pension fund portfolio from NCB Insurance Agency & Fund Managers Limited (NCBIA) to Guardian Life Limited (GLL). The internal reorganisation forms part of NCBFG’s strategy to strengthen capital and operational efficiency, reduce duplication, and unlock synergies across subsidiaries. The transaction does not have a material impact on earnings or assets but represents a step in reinforcing the Group’s foundation for sustainable growth and long-term performance.

(Source: JSE)