Dividend Declaration: Jamaica Public Service Company Limited (JPS)

July 29, 2020

Jamaica Public Service Company Limited (JPS) has advised that its Board of Directors has considered and approved the declaration of dividends for:

Preference Shares B, C, D and E payable on October 1, 2020 to shareholders on record at the close of business on September 15, 2020. The ex-dividend date is September 14, 2020; and

Preference Shares F payable on August 21, 2020 to shareholders on record at the close of business on August 10, 2020. The ex-dividend date is August 7, 2020.

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

9.5% Cumulative Preference Shares “F” – US$0.47630136983 per share.

 

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 effect 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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