Caribbean Cement Company Limited has formed a committee that is mandated to develop a dividend policy for the company to pay out dividends to shareholders.
Shareholders will be asked to approve the policy in a vote once it is drafted.
No timelines were specified.
Caribbean Cement has faced criticism in the past from shareholders, who have cited the inequity of the company paying out monies to parent company Trinidad Cement Limited through an operating lease arrangement, while minority owners got no returns via dividends.
comments powered by Disqus
All feeds
