BSI declares 3 million dollar dividend

sugar factoryThe Belize Sugar Industry Limited has declared a 3 million dollar dividend for 2012. The beneficiaries of the dividend are holders who had shares in the company prior to it being bought out by ASR. The dividend is approximately $0.068 cents per each of the 44 million issued shares before ASR’s investment. This means that the BSI’s Employee Holdings will receive 81% of the 3 million dollars dividend or $2.4 million dollars. The payment is expected to be dispersed on March 14th, wherein the Employee’s Trust will distribute it to its membership on Thursday, March 21st. The payment was declared during a general meeting held on Tuesday.

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