Home Tag "Sterling Investments Limited"

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 […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

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 […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

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 […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT