From the financial statements of Sagicor provided, calculate:

1. The dividend yield for both years.

Dividend Yield = Cash Dividend per share x 100

Market Price per share

2021 2020

1.11 x 100 0.85 x100

58.25 49.95

= 0.019 or 1.91% =0.017 or 1.7%

3. The PE ratios for both years

P/E Ratio= Market value per share

Earnings per share

2021 2020

58.25 49.95

4.46 3.53

=13.00 =14.15

4. The dividend payout ratio for both years

Dividend pay-out ratio = Dividend per share

Earnings per share

2021 2020

1.11 x100 0.85

4.46 3.53

=24.89% =24.08%

B. Write a report to the CEO of the company you have chosen and provide an analysis of the results in Part A for the two years? (30 marks)

C. Make recommendations to the CEO about actions to be taken to improve the dividend yield, PE ratios and dividend payout ratios?

The Management's Discussion and Analysis (MD\&A) is intended to provide Management's perspective on the operating environment (internal and external), operating results and financial condition of Sagicor Group Jamaica (SG), Sagicor, or the Group). This MD\&A should be read in conjunction with the Group's 2021 financial statements dated 25 February 2022, which form a part of this Annual Report. Sagicor Group Jamaica is a leading financial conglomerate, commanding a large market share in many of the lines of business in which it operates. It is also the second-largest conglomerate on the Jamaica Stock Exchange, measured in terms of profitability. The Group has a diversified business model that offers products and services in life \& health insurance, property \& casualty insurance, commercial banking. investment banking, real estate, property management, captives management, pension fund management, treasury and asset management, insurance brokerage and microfinancing. The Group's operations produced net profits attributable to stockholders of $17.40 billion, 26% higher than 2020 . The Group's results were driven by a strong performance from the Insurance business amid rising medical costs and death claims. New business sales contributed to notable premium income growth, particularly in the Individual Life division. The Commercial and Investment banking segments both made major strides by improving on their performance in 2020 , in the face of combating high default risks on loans and a challenging trading market. The Management's Discussion and Analysis (MD\&A) is intended to provide Management's perspective on the operating environment (internal and external), operating results and financial condition of Sagicor Group Jamaica (SG), Sagicor, or the Group). This MD\&A should be read in conjunction with the Group's 2021 financial statements dated 25 February 2022, which form a part of this Annual Report. Sagicor Group Jamaica is a leading financial conglomerate, commanding a large market share in many of the lines of business in which it operates. It is also the second-largest conglomerate on the Jamaica Stock Exchange, measured in terms of profitability. The Group has a diversified business model that offers products and services in life \& health insurance, property \& casualty insurance, commercial banking. investment banking, real estate, property management, captives management, pension fund management, treasury and asset management, insurance brokerage and microfinancing. The Group's operations produced net profits attributable to stockholders of $17.40 billion, 26% higher than 2020 . The Group's results were driven by a strong performance from the Insurance business amid rising medical costs and death claims. New business sales contributed to notable premium income growth, particularly in the Individual Life division. The Commercial and Investment banking segments both made major strides by improving on their performance in 2020 , in the face of combating high default risks on loans and a challenging trading market