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As tourism arrivals in the Caribbean continue to recover to pre-pandemic levels, Everything Fresh has reaped the rewards in Jamaica and The Bahamas where both countries have seen improved earnings...
Sagicor Group Jamaica Limited has offloaded its remaining 20.75 per cent stake in Sagicor Real Estate X Fund Limited as it charts a new path in a rising interest rate environment. The disclosure...
File Jamaica Producers Group Managing Director Jeffrey Hall. Food and logistics conglomerate Jamaica Producers Group, JP, will pay out $224 million in dividends to shareholders in mid-January, its largest since 2015. The distribution at 20 cents per share represents a yield of under 1.0 per cent on the stock price, which closed at $21.36 on Wednesday. The JP stock is trading off its January high of $28.50 but is doing better than when the pandemic was detected in March. The stock then fell to $15. Sagicor Pooled Equity Fund, the single largest shareholder in JP, will receive around 10 per c...