CSCS, Caribbean Utilities, USS Increase Dividends Amid Strong Results

Several companies across different sectors announced dividend payments and increases in 2024 and 2025, reflecting strong financial performances. The Central Securities Clearing System (CSCS) shareholders approved a dividend of N1.76 per share for 2024 and discussed expanding operations across Africa to enhance shareholder value. MPC Caribbean Clean Energy plans to distribute dividends from the proceeds of its recent US$18 million sale of the Paradise Park solar plant, highlighting improved financial health and shareholder returns. Caribbean Utilities Company, Ltd. increased its quarterly dividend by 3% to US$0.19 per Class A Ordinary Share, emphasizing stable operations under long-term licenses in the Cayman Islands. Additionally, USS Co., Ltd. raised its annual dividend to 43.40 yen per share following strong financial results, maintaining a payout ratio of at least 55%. These dividend announcements showcase continued corporate commitment to rewarding shareholders amid varying regional economic contexts.