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Dividends for TSF shareholders

he distribution of Rs 30.7 million dividends to the Tea Shakthi Fund (TSF) numbering 94,000 shareholders will begin on the second week of February, Plantation Industries Minister D.M. Jayaratne told the Daily News yesterday. Minister Jayaratne said this would be the third occasion of distributing dividends to TSF shareholders.

Tea Shakthi
* Total share value of Tea Shakthi Rs 209 m

* Percentage of dividend 15 percent

* Tea Small holding sector expands

The total share value of Tea Shakthi is Rs 209 million and the percentage of the dividend is 15 percent, he added.

TSF is an organization which is financed and owned by Tea Smallholders with the objective of harnessing the full potential of a large community of enterprising small tea cultivators in the country.

TSF operates a network of 1,200 strong tea smallholders’ societies , covering a tea growing population of 1.5 million, spanning over 188,000 hectares in 14 districts.

Contribution to the national production from smallholder sector was 74 percent in 2008.The tea small holding sector has expanded both in area and number of holdings in 2009.

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