JP approves new dividend policy

Tuesday, 17 August 2010 19:42

Jamaica Producers Group Limited has advised that at a meeting held on August 12, 2010, the Board of Directors approved a new policy for the payment of dividends. The company intends to distribute a minimum 15% of its annual after-tax profits as dividends. This policy is subject to periodic review on the basis of available cashflow, the operating and economic environment and the financing requirements for growth opportunities.