Government and other shareholders of Needham’s Point Holdings Limited (NPHL) have received a payout as a result of the Hilton Hotel’s good performance.
Government is the main shareholder of Needham’s Point Limited which owns the hotel.
Chairman Junior Walrond says the two cents per share dividend signals the recovery of the tourism industry after the COVID-19 pandemic.
He says it reflects the company’s improved performance in the wake of challenges posed by the world order.
More Stories
Barbados to know status of new Constitution next year
Sir Henry Forde laid to rest
Barbadians to benefit from Ministerial Declaration adopted at forum