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Sygnus Credit Investments Declares Interim Dividend for FYE 2025 – Top Shareholders Set for Major Payout

September 17, 2025 | BATV News Desk

Sygnus Credit Investments Limited (SCI), a prominent private credit investment firm listed on the Jamaica Stock Exchange, has declared an interim dividend of US$0.00172 per share, following a Board of Directors meeting held on September 12, 2025. The dividend is payable on October 10, 2025 to shareholders on record as of September 24, 2025.

J$ Shareholders to Receive FX Equivalent

Ordinary shareholders holding Jamaican-dollar-denominated shares will receive the J$ equivalent of the declared dividend. The conversion will be based on the weighted average spot selling exchange rate published by the Bank of Jamaica (BOJ) five business days prior to the payment date.

With 580,564,096 shares in issue, the total dividend payout will amount to approximately US$998,570.

Top 10 Shareholders: Breakdown and Dividend Analysis

Based on SCI’s latest audited annual financials for the year ended June 30, 2025, the Top 10 Shareholders collectively hold 181.3 million shares, or 31.2% of the company. These shareholders stand to receive a sizable portion of the declared dividend.

Below is a breakdown of the Top 10 Shareholders, their holdings, and estimated dividend receipts:

RankShareholderShares Held% HoldingEst. Dividend (US$)
1ATL Group Pension Fund Trustees Nominee Ltd27,271,9914.7%46,912.82
2SJIML A/C 311925,425,7004.4%43,726.20
3JCSD Trustee Services Ltd – Sigma Equity22,730,4463.9%39,110.37
4National Insurance Fund20,000,0003.4%34,400.00
5JMMB Fund Managers Ltd T1 – Equities Fund19,460,0003.4%33,473.20
6Widelle Limited18,199,9003.1%31,092.83
7JCSD Trustee Services Ltd – Sigma Optima13,059,9552.2%22,471.11
8MF&G Asset Management Ltd13,035,0002.2%22,428.20
9Sagicor Pooled Equity Fund10,729,6001.8%18,446.91
10Sagicor JPS Employees Pension Plan11,418,7002.0%19,652.16

Subtotal for Top 10 Shareholders: US$311,763.80

These 10 entities alone will collectively earn over US$311,000 in this dividend cycle, reinforcing their strategic investment positions in SCI.

Insider Shareholding Snapshot

Several directors and senior managers also maintain shareholdings in SCI. Collectively, they hold 2.26 million shares, representing 0.39% of the company’s total issued shares. The top insider shareholder is Ian Williams, with 1.05 million shares, set to earn an estimated US$1,809.45 from the dividend.

DirectorShares HeldEst. Dividend (US$)
Ian Williams1,051,4221,809.45
Dr. Ike J. Johnson95,300163.92
Linval Freeman200,000344.00
Horace Messado914,4801,572.98
Others (with nil or N/A holdings)–0.00

Total Insider Payout: ~US$3,890.35

Connected Party: Sygnus Capital Group Limited

One significant connected party, Sygnus Capital Group Limited, holds 6.58 million shares, amounting to 1.13% of the company. This shareholding translates to an estimated dividend payout of US$11,319.49 for this cycle.

Conclusion

Sygnus Credit Investments Limited continues to deliver value to its shareholders through consistent dividend declarations. This interim dividend highlights the strength of the company’s credit investment model and its commitment to delivering shareholder returns.

As SCI continues to manage diversified private credit portfolios across the region, its strong shareholder base – including pension funds, asset managers, and connected insiders – reinforces its position as a key player in the Caribbean’s investment landscape.

For feedback: contact the BATV Editorial Division at: info@batvja.com

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