The Board of Directors of Lascelles, deMercado & Company Limited has declared an interim dividend of $5.50 per share and a special interim dividend of $5.50 per share, both payable on January 13, 2011 to ordinary stockholders on record as at January 3, 2011. The ex-dividend date is December 30, 2010.
Jamaica Broilers Group Ltd has advised that it considers immaterial (for purposes of disclosure, in accordance with the rules of the Jamaica Stock Exchange,) the borrowings from the IIC of US$2M approved by the IIC in August 2010 and disbursed to the Company in September 2010. The loan made by IIC to the Company is a working Capital loan facility and was obtained in the normal course of business. The latest loan of US$2M from the IIC takes the Company`s borrowings from the IIC back to the approximate US$7M level of the original loan approved in June 2009.
The Board of Directors of Kingston Wharves Limited has declared an interim dividend of $0.09 per share payable on January 7, 2011, to shareholders on record as at December 15, 2010. The ex-dividend date is December 13, 2010.
The Board of Directors of The Bank of Nova Scotia Jamaica Limited has declared a dividend of $0.0467 in respect of the Cumulative Redeemable Preference Shares. The dividend is payable on December 31, 2010 to shareholders on record as at December 10, 2010. The ex-dividend date is December 8, 2010.
The Board of Directors of the Jamaica Stock Exchange has approved a quarterly dividend of 9.91% per annum on Redeemable Variable Rate Preference Shares for the period September 1 to November 30, 2010 in the amount of $0.0494 per share. The dividend is payable on December 8, 2010, to shareholders on record as at December 3, 2010. The ex-dividend date is December 1, 2010.
The Board of Directors of Scotia Group Jamaica Limited has declared a dividend of 37 cents per stock unit payable on January 6, 2011 to stockholders on record as at December 15, 2010. The ex-dividend date is December 13, 2010.
The Board of Directors of Pan Caribbean Financial Services Limited has declared a preference share dividend of $4.52 per unit payable on December 17,2010 to preference shareholders on record as at the close of business on December 9, 2010. The ex-dividend date is December 7, 2010.
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.
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Barita Investments Limited has confirmed that the payment of cumulative preferential dividends of $0.2475(taxable) per share on Barita Series `A` Redeemable Cumulative Variable Rate Preference Shares and $0.18(non-taxable) per share on Series `B` Convertible Cumulative Variable Rate Preference Shares will be made on December 15, 2010, to stockholders on record as at December 3, 2010. The ex-dividend date is December 1, 2010.