Proven Group declares 50% of June quarter profit to shareholders
Reading Time: 5 minutesDurrant Pate/Contributor Jamaican-based regional investment and real estate development group, PROVEN has declared 50 per cent of its June quarter profit as a dividend to shareholders. Net profit attributable to shareholders totalled US$1.74 million for the first quarter ended June 30, 2022, which represents an increase of 12 per cent compared to US$1.56 million earned in the quarter ended June 30, 2021. The board of directors approved a quarterly dividend to shareholders of US$0.0011 representing 50 per cnet of the profit attributable to equity holders for the quarter. The dividend will accrue to all shareholders on record as of August…