GraceKennedy Limited (GK) has advised that the Board of Directors on Friday, July 29, 2016, passed the following resolutions:
- An interim dividend of 34 cents per stock unit is paid on September 26, 2016 to the stockholders on record at the close of business on September 7, 2016. The ex-dividend date is September 5, 2016.
- The Company’s Resister of members be closed from the close of business on September 7 – 14, 2016.
- In approving the dividend payment, the Board recognises the three0for0oe stock split approved by the shareholders at the Extraordinary General Meeting held on July 11, 2016 to take effect on August 11, 2016 and that, had the dividend aforesaid been declared with a record date prior to the effective date of the stock split, the effective amount that would have been payable per stock unit would have been three times the amount, that is$1.02 per stock unit.
