Home Businessuite Markets PROVEN Declares Dividend & Early Redemption of Cumulative Redeemable Preference Shares
PROVEN Declares Dividend & Early Redemption of Cumulative Redeemable Preference Shares

PROVEN Declares Dividend & Early Redemption of Cumulative Redeemable Preference Shares

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Proven Investments Limited has declared a dividend payment of US$ 0.0012 per share payable on June 26, 2018 to ordinary shareholders on record as at June 8, 2018. The ex-dividend date is June 7, 2018. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.151491 per share.

PROVEN also declared a dividend of J$0.103125 payable on June 15, 2018 to preference shareholders on record as at June 8, 2018. The ex-dividend date is June 7, 2018.

PROVEN further advised that the early redemption of the PROVEN 8.25% Cumulative Redeemable Preference shares was approved at a Board of Directors’ meeting held on May 25, 2018. Redemption of the PROVEN 8.25% Preference shares will take place on the next interest payment date of June 15, 2018.

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