I955 FM

  • LIVE MUSIC

  • CALL US AT:

    OFF AIR : 1-868-628-4955 (Front Desk)

    ON AIR : 1-868-622-3937 (Live On Air )

RBL share price declines while AHL climbs

STOCKSThis week, Bourse evaluates the most recent results of Republic Bank Limited (RBL) and Angostura Holdings Limited (AHL).

The stocks have enjoyed varying fortunes year-to-date, with RBL’s share price declining 6.5 per cent as at November 6 (from $119.74 to $112.00) despite posting record profits for FY 2015.

AHL’s share price, on the other hand, has climbed 3.7 per cent for the year thus far from $13.50 to $14.00 while also posting improved earnings for the nine months ended 30th September.

For the year ended September 30, 2015 RBL attained Diluted Earnings per Share (EPS) of $7.57; a 2.4 per cent increase from $7.39 generated in 2014.

The company issued a final dividend of $3.10 on November 5, 2015 to shareholders on record as at November 16, 2015. The total dividend for 2015 which stands at $4.35 is $0.10 higher than the FY 2014 of $4.25.

In this fiscal year the company reported its record highest annual profits.

(EXPRESS)

This entry was posted in Business News, News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *