In a recent announcement by Sygnus Credit Investments Limited (SCI), exciting news was shared regarding an interim dividend declaration by the Board of Directors on October 8, 2024. This declaration includes a payout of US$0.00276 per share, demonstrating the company’s commitment to rewarding its shareholders.
Key Details About the Interim Dividend:
- Payment Date: Shareholders can expect to receive the dividend on November 7, 2024.
- Record Date: To be eligible for the dividend, shareholders need to be on record as of the close of business on October 24, 2024.
- Ex-Dividend Date: Investors should take note that the ex-dividend date is also October 24, 2024.
Unique Provision for Ordinary Shareholders:
For ordinary shareholders holding J$ shares, they will receive the J$ equivalent of the US$ dividend declared per share. This conversion will be based on the weighted average spot selling exchange rate published by the Bank of Jamaica (BOJ) within the five Business Days leading up to the dividend payment date.
SCI’s proactive approach to shareholder value is evident in this interim dividend declaration, showcasing their dedication to rewarding investors while maintaining transparency and fairness in their dividend distribution process. This announcement serves as a testament to SCI’s commitment to fostering trust and loyalty among its shareholder base.
In conclusion, the timely declaration of an interim dividend by SCI reflects the company’s strong financial performance and strategic focus on providing value to its shareholders. Investors can look forward to the upcoming dividend payout as a token of appreciation for their continued support and investment in SCI.
