Jamaica Money Market Brokers Limited (JMMB) will be making its monthly dividend payments of $0.03 per share and $0.0301146 per share on JMMB12% preference shares and JMMB12.25% preference shares, respectively, on December14, 2010. The record date for the dividend payments is November 30, 2010 and X-date is November 26, 2010.
According to the Planning Institute of Jamaica (PIOJ), the local economy contracted by 0.5% in the third quarter of the 2010 calendar year compared to the same period last year. This compares to the 1.7% contraction in the first half of the year.
At a meeting of the Board of Directors of Jamaica Money Market Brokers Limited held on November 16, 2010, the Directors declared a dividend of $0.08 per ordinary share payable on December 21, 2010 to shareholders on record as at December 2, 2010. The ex-dividend date is November 30, 2010.
The Board of Directors of Salada Foods Jamaica Limited has declared a dividend of $0.35 payable on January 12, 2011 to shareholders on record as at December 2, 2010. The ex-dividend date is November 30, 2010.
Board of Directors of GraceKennedy Limited has declared an interim dividend of $0.45 per share payable on December 17, 2010 to stockholders on record as at November 26, 2010. The ex dividend date is November 24, 2010.
Jamaica Public Service Company Limited (JPS) has advised that Abu Dhabi National Energy Company (TAQA) has announced its decision to withdraw from the Marubeni TAQA Caribbean partnership in the first quarter of 2011. With the withdrawal of TAQA, Marubeni will continue as majority shareholder in JPS until a new investment partner is identified.
The Board of Directors of First Jamaica Investments Limited has declared a dividend of $0.30 per share payable on December 10, 2010 to shareholders on record as at November 26, 2010. The ex-dividend date is November 24, 2010.First Jamaica Investments Limited has also submitted its interim results for the nine months ended September 30, 2010.