Prime Minister Kamla Persad-Bissessar SC has announced that Trinidad and Tobago NGL Limited (TTNGL) shareholders will receive a special interim dividend.

The payment, totalling TT$154.8 million, follows an annual report from the company highlighting a significant increase in share price, a move that boosts value for local investors.

“The share price has increased by 300%. What does this percentage mean in terms of real numbers? It means an increase in value to the shareholders of almost $1 billion in TTNGL. Under the former PNM government, as I said, 89% decreased. We are talking about a 300% increase. I am very pleased to announce that this windfall, this gain, this benefit will accrue to the shareholders of TTNGL.”