Jamaica Public Service Company Limited (JPS) – Quarterly Preference Share Dividends

The Jamaica Public Service Company Limited (JPS) has advised that its Board of Directors has approved quarterly preference dividends to be paid on December 31, 2019 to preference shareholders on record as at December 13, 2019 on the undermentioned classes of preference shares and Exdate September 12, 2019:

7% Cumulative Preference Shares “B” – $0.035
 5% Cumulative Preference Shares “C” – $0.025
 5% Cumulative Preference Shares “D” – $0.025
 6% Cumulative Preference Shares “E” – $0.03

JPS has also advised that the Board has approved a Class F Preference Share dividend payment of Five Hundred and Eight-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 November 8, 2019.  This amount will be distributed out of retained earnings, states JPS.