Preference shares trade well again
Created: Jul 01, 2009 11:00 AM
Butterfield Bank's preference shares continued their healthy trading on the Bermuda Stock Exchange Index (BSX) yesterday.
A total of 363 shares changed hands, as they held their value at $1,200 - a 20 percent gain on the $1,000 per share that investors paid for them earlier this month.
The Index, as a whole, opened and closed at 2,328.93.
Bermuda Container Line Ltd. declared a dividend of 14 cents per share for the third quarter of 2009 which will be payable on August 25.