Three Dividend Declarations to Ring in the New Year

• The Limners and Bards Limited (LAB), General Accident Insurance Company Jamaica Limited (GENAC), and Eppley Caribbean Property Fund Limited (CPFV) are ringing in the new year with dividend declarations
• LAB’s Board of Directors approved an interim dividend of $0.0127 and a special dividend of $0.005 per share during their December 30, 2025, meeting. These payments will be issued on January 30, 2026, to shareholders on record as of January 16, 2026. The company’s last dividend distribution was recorded in October 2024 at $0.0447 per share.
• Likewise, GENAC declared a dividend of $0.07758 per share on January 2, 2026, with payment set for January 26, 2026, to shareholders on record as of January 16, 2026. GENAC’s last payout was made on December 16, 2024, valued at $0.2182 per share.
• CPFV was also among the companies announcing dividends, as it declared a final dividend of Bds$0.00445 or approximately J$0.35 per share on December 31, 2025. CPFV shareholders on record as of January 19, 2026, will receive payment on March 27, 2026. CPFV has been a frequent dividend payer, rewarding shareholders 5 times last year, totalling BB$0.0424 or approximately J$3.33 per share (+29.7% YoY) and striking a dividend yield of approximately 7%.
• The company has a dividend policy providing for an annual dividend of between 75% and 100% of Funds from Operations (“FFO”) after taxes.
• With the impact of Hurricane Melissa likely to weigh on stock prices in 2026, dividends will likely continue to be a critical source of returns for investors.
• At the close of the market on January 7th, LAB, GENAC and CPFV closed at $6.20, $1.04 and $47.02, respectively. At these prices, LAB has a P/E of 26.0x, above the industry average of 24.50x. Genac trades at a P/B of 1.6x, below the industry average of 1.2x. CPFV trades at a P/B of 0.6x, which is also above its industry average of 0.5x.

(Source: JSE data, NCBCM Research)