Mar 2022 Financial News

Trinidad Cement Limited - Notice of Approval of Dividend Policy

Mar 28, 2022

TCL advises that the Board of Directors of the Company at its meeting held on March 21, 2022, has approved a policy to direct the administration, declaration and payment of dividends to shareholders of TCL.

Under the Dividend Policy the Company will strive to distribute to its shareholders surplus funds from its distributable profits and/or general reserves, as may be determined by the Board of Directors, subject to certain key prudential criteria, its Articles, By-Laws and applicable laws.

The Dividends Policy shall be brought before the shareholders of the Company at the next Annual Meeting, for review and approval for implementation.

The Trinidad and Tobago Stock Exchange Limited
Monday 28th March, 2022