Scotia Group Jamaica Limited (SGJ) has advised that its Board of Directors on March 11, 2021, passed the following resolution:-
“Be it resolved that a first interim dividend of 40 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 March 31, 2021, and that the same be payable on April 22, 2021.”
The ex-dividend date is March 30, 2021.
SGJ further advised that “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.”
