Home Tag "Sterling Investments Limited"

Sterling Investments Directors Approve Five For One Stock Split

Sterling Investments Limited (SIL) has advised that the Board of Directors of the Company approved the following resolutions at the Extraordinary General Meeting held on October 8, 2018: 1) That the issued ordinary shares/stock units in the capital of the Company shall be split so that every one (1) issued ordinary share/stock unit of the […]

Jamaica Broilers Group’s Improved Financial Results For October 2018 Quarter Attributed To Increased Poultry Sales And Enhanced Inventory Management

Net Profit At Sterling Investments Limited Grew By 20.5% In 1st Half Of 2018 Fiscal

This was the result of increases in interest income and unrealized Foreign Exchange gains. The company’s assets surpassed J$1.2 billion and during the quarter, the dividend yield briefly hit an all-time high of 8.5%. This exceeds the yield available on many local USD and JMD investments on the market. The intrinsic value of the company’s […]

Jamaica Broilers Group’s Improved Financial Results For October 2018 Quarter Attributed To Increased Poultry Sales And Enhanced Inventory Management

Dividend Reinvestment And Complementary Share Purchase Products Paying Dividends For Sterling Investments

Derek Jones Chairman of Sterling Investments Limited, in his report to shareholders contained in the 2016 Annual Report has noted that the company’s strategy of using efficient funding sources such as margins, to finance additional bond purchases, has continued to pay dividends to stockholders. Sterling Investments has grown assets by 4.2%, increasing them from J$935.7million […]

GraceKennedy Foods USA to Consolidate with Majesty Foods Factory for Joint Venture

Sterling Investments Limited – Efficient Funding Sources Has Continued To Pay Dividends To Stockholders.

Financial Overview: The company’s strategy of using efficient funding sources such as margin, to finance additional bond purchases has continued to pay dividends to stockholders. This is reflected in the company’s robust net interest margin which increased to 93.9% from 92.5%. Revenue posted strong growth of 18.6%, increasing from J$119.3 million to J$141.4 million. Net […]

Jamaica Broilers Group’s Improved Financial Results For October 2018 Quarter Attributed To Increased Poultry Sales And Enhanced Inventory Management