April 27, 2020
Sagicor Group Jamaica Limited (SJ) has deferred the payment of its previously declared interim dividend of 40 cents per stock unit to stockholders on record as at April 24, 2020, until further notice. The postponement follows an advisory which was sent to all Financial Holding Companies by the Bank of Jamaica (BOJ) requesting that the distribution of outstanding dividends be deferred until further advised.
SJ has also noted that as soon as the BOJ advises that it is appropriate, the Company will follow the prescribed guidelines of the Jamaica Stock Exchange and pay out the postponed dividend to shareholders.
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