Jamaica Public Service Company Limited (JPS) has advised that their Board of Directors at a Special Board Meeting held on November 12, 2018, approved a final dividend of the Jamaican equivalent of Ten Million United States Dollars (US$10,000,000.00) or 0.00045812 United States Cents per share/stock on the Ordinary Stock/Shares of the Company at the rate of exchange of the Bank of Jamaica’s daily weighted average selling rate on November 26, 2018,payable on November 30, 2018, to share/stockholders registered at the close of business on November 26, 2018.
JPS further advised that the payment will be distributed out of retained earnings.
The ex-dividend date is November 23, 2018.
