Special Advisory: Jamaica Public Service Company Limited (JPS)

October 16, 2019

Jamaica Public Service Company Limited (JPS) has advised that the Board of Directors of the Company, at its meeting scheduled to be held on October 24, 2019, is expected to consider the declaration of quarterly Preference F Dividends payable on November 22, 2019 to shareholders of record at the close of business on November 8, 2019 on the undermentioned class of Preference Shares:

“RESOLVED that this Board HEREBY APPROVES a Class F Preference Share dividend payment of Five Hundred and Eighty-Eight Thousand United States Dollars and Twenty-Five Cents (US$588,000.25) or 0.23945205478 United States Cents per share/stock on the Class F Preference Shares of the Company payable on November 22, 2019 to share/stockholders on record at close of business on the 8th day of November 2019. This amount will be distributed out of retained earnings.”

 

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 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.

2019-10-16T20:31:07+00:00