Dividend Declaration: Jamaica Public Service Company Limited (JPS)

August 26, 2022

 

Jamaica Public Service Company Limited (JPS):

JPS has advised that its Board of Directors has approved the declaration of dividends for its Preference Shares B, C, D and E payable on September 30, 2022 to shareholders on record at the close of business on September 15, 2022. The ex-dividend date is September 14, 2022. The dividend payments will be as follows:

7% Cumulative Preference Shares “B” – $0.035 per share

5% Cumulative Preference Shares “C” – $0.025 per share

5% Cumulative Preference Shares “D” – $0.025 per share

6% Cumulative Preference Shares “E” – $0.03 per share

JPS has also advised that the Board of Directors, at its meeting held on August 24, 2022, APPROVED the payment of Five Hundred and Eighty-Eight Thousand United States Dollars and Fourteen Cents (US$588,000.14) or 0.239452054794521 United States Cents per share/stock on the Class F Preference Shares of the Company payable on September 16, 2022, to share/stockholders on record as at September 8, 2022. This amount will be distributed out of retained earnings. The ex-dividend date is September 7, 2022.

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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