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Scotia Group Jamaica Limited (SGJ) Declares Dividend

Scotia Group Jamaica Limited (SGJ) has advised that their Board of Directors on December 9, 2020, passed the following resolution:-

“Be it resolved that a final dividend of 45 cents be paid on each stock unit
of the paid up capital stock of the Company to stockholders on record as at the close of business on December 29, 2020 and that the same be payable on
January 20, 2021.

“Consequent to guidance issued by the Regulator, the payment of dividends shall be limited to Shareholders that own less than 1% of the Group’s shares. The Company has obtained agreement and consent from all Shareholders that own 1% or more of the Group’s shares with respect to the deferral of payment of this dividend declaration until such appropriate time to be determined in consultation with the Regulator.”

The ex-dividend date is December 28, 2020.