Sygnus Credit Investments Limited (SCI) declared its final dividend payment with respect to the financial year ended June 30, 2026, of US$2.40 million or US$0.00413 per share, while also approving a second Share Buyback Programme of up to US$4.50 million over a three-year period ending June 2029.

The dividend payment was declared by SCI’s Board of Directors at a meeting held on September 14, 2026. The dividend will be paid on October 23, 2026, to shareholders on record as at the close of business on October 2, 2026.

Shareholders holding J$ ordinary shares will receive the J$ equivalent of the US$ dividend declared per share. The applicable exchange rate will be the weighted average spot selling exchange rate published by the Bank of Jamaica five business days immediately preceding the dividend payment date.

The dividend declaration follows SCI’s financial year ended June 30, 2026, during which the Company reported growth across key financial measures. Total investment income increased 27.9% to US$19.68 million, while net investment income increased 39.0% to US$13.93 million. Net profit attributable to shareholders increased 123.4% to US$9.55 million.

Under the second Share Buyback Programme, SCI may repurchase its JMD and USD ordinary shares through open-market transactions on the Jamaica Stock Exchange (JSE) over the three-year period ending June 2029. This follows the first Share Buyback Programme, which was executed between June 2023 and June 2026. During that period, the Company repurchased 136,525 USD ordinary shares and 10,274,842 JMD ordinary shares.

The programme is intended to provide SCI with the flexibility to repurchase shares when they are trading at a discount to the Company’s net asset value (NAV), while also providing shareholders with an opportunity to transact in the market. Repurchases will be undertaken opportunistically and guided by market conditions, trading liquidity and Board-approved repurchase criteria.

The programme will be funded from available cash, with repurchase amounts covered by core earnings and subject to maintaining positive retained earnings.

Jason Morris, Executive Vice President and Chief Investment Officer of Sygnus Capital Limited, said, “We remain focused on managing SCI’s capital in a way that balances shareholder returns with the Company’s ongoing investment needs. The latest dividend declaration, which is the largest single dividend declared by SCI since inception, and also larger than the two previous dividend payments combined, reaffirms SCI’s commitment to delivering value to its shareholders. Compounding this view, SCI’s second Share Buyback Programme gives the Company the ability to repurchase shares opportunistically when they are trading at attractive prices. This approach allows us to remain responsive to market conditions while preserving the financial flexibility to execute our investment strategy.” 

The Share Buyback Programme is in keeping with the provisions of SCI’s Articles of Association, which establish a framework for periodic share repurchase invitations to shareholders.