Latest News

Seprod Declares Dividend Published: 10 October 2013

The Board of Directors of Seprod Limited has declared a dividend of $0.30 per share payable on November 15, 2013 to shareholders on record as at October 31, 2013. The ex-dividend date is October 29, 2013. 

CCC Increases Prices Published: 10 October 2013

Caribbean Cement Company Limited (CCC) has advised that there will be an average increase of 2.7% on all CCC products effective October 22, 2013.

JBG Directors to Consider Dividend Payment Published: 10 October 2013

The Board of Directors of Jamaica Broilers Group Limited will consider the declaration of an interim dividend at a meeting to be held on October 23, 2013.

Sagicor Life Declares Dividend Published: 03 October 2013

The Board of Directors of Sagicor Life Jamaica Limited (SLJ) has declared a dividend of $0.21 per share payable on October 31, 2013 to shareholders on record as at October 16, 2013. The ex-dividend date is October 14, 2013.

Paramount Trading to Host AGM Published: 03 October 2013

Paramount Trading (Jamaica) Limited has advised that its Annual General Meeting for the year 2013 will be held on Saturday, the 16th day of November, 2013 at 10:00 a.m. at the Knutsford Court Hotel, 11 Ruthven Road, Kingston 10.

Sagicor Investments to Consider Dividend Payment Published: 03 October 2013

The Board of Directors of Sagicor Investments Jamaica Limited will consider the payment of a second interim dividend for the year 2013 at a meeting scheduled for Thursday, October 3, 2013.

Executive Appointments at NCBJ Published: 30 September 2013

National Commercial Bank Jamaica Limited (NCBJ) has advised that based on Mr. Dennis Cohen having assumed responsibility for leading the finance function at NCBJ, his title has been revised to "Group Finance and Deputy Managing Director" and Mr. Steven Gooden, who has been Deputy Chief Executive Officer of NCB Capital Markets Limited, has been appointed Chief Executive Officer of that company effective October 1, 2013. Additionally, Mrs. Yvonne Clarke has been requested and has agreed to remain a director of NCB Capital Markets Limited, NCB Insurance Company Limited and Advantage General Insurance Company Limited, and will therefore become a non-executive director of those companies on December 30, 2013.

GK to Proceed with Share Buy-Back Program Published: 30 September 2013

GraceKennedy Limited has advised that it will be proceeding with the buy-back of up to 2.5% of the Company`s shares in issue over a period of up to one year following the expiry of 21 days from the date of notice to the Jamaica and Trinidad & Tobago stock exchanges, on which the Company is listed. The notices were issued on September 27, 2013. The decision to proceed with the share buy-back follows confirmation from the Ministry of Finance of a tax waiver applicable to tax which would have been otherwise payable on the repurchase of shares by the Company. The repurchase of shares will be conducted on the open market through the Company`s stockbrokers in Jamaica and Trinidad & Tobago. The Company`s cash flows will be the source of funds for the repurchase.
Mayberry Investments Limited (MIL) has advised that a related party purchased 14,999 MIL shares on September 24, 2013. The Board of Directors of Seprod Limited will consider a dividend payment at a meeting scheduled for October 7, 2013.

General Accident Declares Dividend Published: 30 September 2013

The Board of Directors of General Accident Insurance Company Limited has declared a dividend of 0.8728 cents per share payable on October 14, 2013 to shareholders on record as at October 9, 2013. The ex-dividend date is October 7, 2013.

Yvonne Clarke and Marjorie Seebaran Demit Office Published: 30 September 2013

National Commercial Bank Jamaica Limited (NCBJ) has advised that its current Group Chief Financial Officer, Mrs. Yvonne Clarke, will demit office effective December 29, 2013. NCBJ has advised that this decision has been taken in the context of a review of the organisational structure at all levels. As a consequence, the finance function will report instead to the Deputy Group Managing Director. On December 31, 2013, Mrs. Marjorie Seeberan (General Manager – Corporate Banking Division) will also demit office at which time it is expected that a new head of the corporate banking team will be in place.